29 CFR 2580.412-7

§ 2580.412-7 Statutory provision—scope of the bond.

United States · 29 CFR — Labor · Status: effective

Cite this

Citation: 29 CFR 2580.412-7, § 2580.412-7 Statutory provision—scope of the bond, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/130548
Permanent ID: ys:prov:130548@1
SHA-256: 277aba8430a94883a31001f8048876efcbe4e60e330fde205e7823a08c977a52

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Full text

The statute requires that the bond shall provide protection to the plan against loss by reason of acts of fraud or dishonesty on the part of a plan administrator, officer, or employee, directly or through connivance with others.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.