[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: 29CFR2580.412-27] [Page 567-568] TITLE 29--LABOR CHAPTER XXV--PENSION AND WELFARE BENEFITS ADMINISTRATION, DEPARTMENT OF LABOR PART 2580--TEMPORARY BONDING RULES--Table of Contents Subpart F--Exemptions Sec. 2580.412-27 Exemption. An exemption from the bonding requirements of subsections 13 (a) and (b) of the Welfare and Pension Plans Disclosure Act is granted whereby banking institutions and trust companies specified in Sec. 2580.412-28 are not required to comply with subsections 13 (a) and (b) of the Act, with respect to [[Page 568]] welfare and pension benefit plans covered by the Act. [34 FR 5158, Mar. 13, 1969. Redesignated at 50 FR 26706, June 28, 1985]