[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: 29CFR2580.412-7]

[Page 590]
 
                             TITLE 29--LABOR
 
 CHAPTER XXV--EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF 
                                  LABOR
 
PART 2580_TEMPORARY BONDING RULES--Table of Contents
 
                  Subpart B_Scope and Form of the Bond
 
Sec. 2580.412-7  Statutory provision--scope of the bond.


    The statute requires that the bond shall provide protection to the 
plan against loss by reason of acts of fraud or dishonesty on the part 
of a plan administrator, officer, or employee, directly or through 
connivance with others.