[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: 29CFR4041A.41]

[Page 761]
 
                             TITLE 29--LABOR
 
                          GUARANTY CORPORATION
 
PART 4041A--TERMINATION OF MULTIEMPLOYER PLANS--Table of Contents
 
                 Subpart D--Closeout of Sufficient Plans
 
Sec. 4041A.41  General rule.


    If a plan's assets, excluding any claim of the plan for unpaid 
withdrawal liability, are sufficient to satisfy all obligations for 
nonforfeitable benefits provided under the plan, the plan sponsor may 
close out the plan in accordance with this subpart by distributing plan 
assets in full satisfaction of all nonforfeitable benefits under the 
plan.