[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR2580.412-22]

[Page 566]
 
                             TITLE 29--LABOR
 
CHAPTER XXV--PENSION AND WELFARE BENEFITS ADMINISTRATION, DEPARTMENT OF 
                                  LABOR
 
PART 2580--TEMPORARY BONDING RULES--Table of Contents
 
   Subpart E--Qualified Agents, Brokers and Surety Companies for the 
                            Placing of Bonds
 
Sec. 2580.412-22  Interests held in agents, brokers and surety companies.

    Section 13(c) prohibits the placing of bonds, required to be 
obtained pursuant to section 13, with any surety or other company, or 
through any agent or broker in whose business operations a plan or any 
party in interest in a plan has significant control or financial 
interest, direct or indirect. An interpretation of this section has been 
issued (Sec. 2580.412-36 of this chapter).

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