Content Last Revised: 12/27/63 ---DISCLAIMER---

CFR	Code of Federal Regulations Pertaining to EBSA

Title 29

Labor

Chapter XXV

Pension and Welfare Benefits Administration, Department of Labor

Part 2580

Temporary Bonding Rules

Subpart E

Qualified Agents, Brokers and Surety Companies for the Placing of Bonds

• Section Number: 2580.412-22
• Section Name: Interests held in agents, brokers and surety companies.

    Section 13(c) prohibits the placing of bonds, required to be 
obtained pursuant to section 13, with any surety or other company, or 
through any agent or broker in whose business operations a plan or any 
party in interest in a
plan has significant control or financial interest, direct or indirect. 
An interpretation of this section has been issued (Sec. 2580.412-36 of 
this chapter).