CFR > Title 29 - Labor > SUBTITLE B—Regulations Relating to Labor > CHAPTER XXV—EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF LABOR (parts 2509 to 2590) > SUBCHAPTER I—TEMPORARY BONDING RULES UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (parts 2580 to 2580) > PART 2580—TEMPORARY BONDING RULES > SUBPART F—Exemptions (§2580.412-23 to §2580.412-32) > 2580.412-27—Exemption.

2580.412-27—Exemption.

An exemption from the bonding requirements of sub sections 13 (a) and (b) of the Welfare and Pension Plans Disclosure Act is granted whereby banking institutions and trust companies specified in § 2580.412-28 are not required to comply with sub sections 13 (a) and (b) of the Act, with respect to welfare and pension benefit plans covered by the Act.

Code of Federal Regulations

[34 FR 5158, Mar. 13, 1969. Redesignated at 50 FR 26706, June 28, 1985]