[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR2580.412-23]

[Page 597]
 
                             TITLE 29--LABOR
 
 CHAPTER XXV--EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF 
                                  LABOR
 
PART 2580_TEMPORARY BONDING RULES--Table of Contents
 
                          Subpart F_Exemptions
 
Sec. 2580.412-23  Exemption.

    Source: 28 FR 14410, Dec. 27, 1963, unless otherwise noted. 
Redesignated at 50 FR 26706, June 28, 1985.

             Bonds Placed With Certain Reinsuring Companies


    An exemption from the bonding requirements of the Welfare and 
Pension Plans Disclosure Act is granted by this section whereby bonding 
arrangements (which otherwise comply with the requirements of section 13 
of the Act and the regulations issued thereunder) with companies 
authorized by the Secretary of the Treasury as acceptable reinsurers on 
Federal bonds will satisfy the bonding requirements of the Act.