[Code of Federal Regulations]

[Title 20, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 20CFR202.10]



[Page 187]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 202_EMPLOYERS UNDER THE ACT--Table of Contents

 

Sec.  202.10  Commencement of employer status of receiver or trustee, etc.



    A receiver, trustee, or other individual or body, judicial or 

otherwise, in the possession of the property or operating all or any 

part of the business of a carrier, or of a company or person owned or 

controlled by or under common control with such a carrier, which 

operates any equipment or facility or performs any service in connection 

with the transportation of passengers or property by railroad, shall be 

deemed to be an employer beginning as of whichever of the following 

three dates is the earliest:

    (a) The date that it takes possession of such property; or

    (b) The first date on which it has authority to operate all or any 

part of the business of such a carrier, company or person; or

    (c) The date that it begins operating without appointment or 

authorization all or any part of the business of such a carrier, company 

or person;



Provided, however, That the receiver, trustee, or other individual or 

body, judicial or otherwise, shall be an employer only with respect to 

such individuals as would be employees if the preceding employer had 

continued in the possession of the property or the operation of the 

business.