[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: 29CFR2580.412-32] [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. 2580.412-32 Conditions of exemption. This exemption applies only to those insurance carriers, service or other similar organizations providing or underwriting welfare or pension plan benefits in accordance with State law. [34 FR 5158, Mar. 13, 1969. Redesignated at 50 FR 26706, June 28, 1985]