29 CFR 2580.412-17

§ 2580.412-17 Bonds over $500,000.

United States · 29 CFR — Labor · Status: effective

Cite this

Citation: 29 CFR 2580.412-17, § 2580.412-17 Bonds over $500,000, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/130559
Permanent ID: ys:prov:130559@1
SHA-256: 03a11104da9e0a59aed028aa7a90731c811e9562468f3cd1293e21809e9a5972

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Full text

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.

Legislative history

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