Statutes, codes, and regulations
Code of Federal Regulations
Title 29 - LABORSubtitle B - REGULATIONS RELATING TO LABORChapter XXV - EMPLOYEE BENEFITS SECURITY ADMINISTRATION, DEPARTMENT OF LABORSubchapter I - TEMPORARY BONDING RULES UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974Part 2580 - TEMPORARY BONDING RULES
Subpart C - AMOUNT OF THE BOND
Section 2580.412-17 - Bonds over $500,000

29 C.F.R. § 2580.412-17

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Current through May 31, 2024
Section 2580.412-17 - Bonds over $500,000

The Labor-Management Services Administrator, after due notice and opportunity for hearing to all interested parties, and after consideration of the record, may prescribe an amount in excess of $500,000, which in no event shall exceed 10 per centum of the funds "handled." Any requirement for bonding in excess of $500,000 shall be according to such other regulations as may be prescribed.

29 C.F.R. § 2580.412-17