[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR2580.412-29]

[Page 607]
 
                             TITLE 29--LABOR
 
 CHAPTER XXV--EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF 
                                  LABOR
 
PART 2580_TEMPORARY BONDING RULES--Table of Contents
 
                          Subpart F_Exemptions
 
Sec. 2580.412-29  Exemption.

    An exemption from the bonding requirements of subsections 13 (a) and 
(b) of the Welfare and Pension Plans Disclosure Act is granted whereby 
savings and loan associations (including building and loan associations, 
cooperative banks and homestead associations) specified in Sec. 
2580.412-30 are not required to comply with subsections 13 (a) and (b) 
of the Act, with respect to welfare and pension benefit plans covered by 
the Act for the benefit of their own employees, where such a savings and 
loan association is the administrator of such plans.

[32 FR 6840, May 4, 1967. Redesignated at 50 FR 26706, June 28, 1985]