An exemption from the bonding requirements of subsection 13 (a) and
(b) of the Welfare and Pension Plans Disclosure Act is granted whereby
any insurance carrier or service or other similar organization specified
in Sec. 2580.412-32 is not required to comply with subsections 13 (a)
and (b) of the Act with respect to any welfare or pension benefit plan
covered by the Act which is established or maintained for the benefit of
persons other than the employees of such insurance carrier or service or
other similar organization.
[34 FR 5158, Mar. 13, 1969. Redesignated at 50 FR 26706, June 28, 1985]
