View all text of Subjgrp 8 [§ 2580.412-27 - § 2580.412-28]
§ 2580.412-27 - Exemption.
An exemption from the bonding requirements of subsections 13 (a) and (b) of the Welfare and Pension Plans Disclosure Act is granted whereby banking institutions and trust companies specified in § 2580.412-28 are not required to comply with subsections 13 (a) and (b) of the Act, with respect to welfare and pension benefit plans covered by the Act.