29-U.S.C.-1400

§1400 – Approval of Amendments

Pathway

Title 29 > Chapter 18 > Subchapter III > Subtitle E > Part 1 > Section 1400

Details

• Reference: Section 1400
• Legend: §1400 – Approval of Amendments
• USCode Year: 2013

Provision Content

(a) Amendment of covered multiemployer plan; procedures applicable

Except as provided in subsection (b) of this section, if an amendment to a multiemployer plan authorized by any preceding section of this part is adopted more than 36 months after the effective date of this section, the amendment shall be effective only if the corporation approves the amendment, or, within 90 days after the corporation receives notice and a copy of the amendment from the plan sponsor, fails to disapprove the amendment.

(b) Amendment respecting methods for computing withdrawal liability

An amendment permitted by section 1391(c)(5) of this title may be adopted only in accordance with that section.

(c) Criteria for disapproval by corporation

The corporation shall disapprove an amendment referred to in subsection (a) or (b) of this section only if the corporation determines that the amendment creates an unreasonable risk of loss to plan participants and beneficiaries or to the corporation.

(Pub. L. 93–406, title IV, §4220, as added Pub. L. 96–364, title I, §104(2), Sept. 26, 1980, 94 Stat. 1239.)

References in Text

For the effective date of this section, referred to in subsec. (a), see 1461(e)(2) of this title.

U.S. Encyclopedia of Law Coverage

29-U.S.C.-1387 in the Legal Encyclopedia: Labor

In this entry about 29-U.S.C.-1387, find legal reference material, bibliographies and premiere content related to labor in the American Encyclopedia of Law, presenting a comprehensive view of the United States labor-specific issues, written by authorities in the field.

Topic Map

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