[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: 29CFR4002.8]

[Page 753]
 
                             TITLE 29--LABOR
 
            CHAPTER XL--PENSION BENEFIT GUARANTY CORPORATION
 
PART 4002_BYLAWS OF THE PENSION BENEFIT GUARANTY CORPORATION--Table 
of Contents
 
Sec. 4002.8  Alternate voting procedure.

    (a) A Director shall be deemed to have participated in a meeting of 
the Board of Directors for all purposes if,
    (1) That Director was represented at that meeting by an individual 
who was designated to act on his behalf, and
    (2) That Director ratified in writing the actions taken by his 
designee at that meeting within a reasonable period of time after such 
meeting.
    (b) For purposes of this section, a Director, including an 
individual serving as Acting Secretary, shall designate a representative 
at a level not below that of Assistant Secretary within his Department. 
Such designation shall be in writing and shall be effective until 
withdrawn or until a date specified therein.
    (c) For purposes of this section, a Director's approval of the 
minutes of a meeting of the Board of Directors shall constitute 
ratification of the actions of his designee at such meeting.