CFR›Title 29›Subtitle B›Chapter V›Part 550 ContainsSections 550.1–550.2CorpusDaily eCFRDisplayed edition2026-05-15Last updated2026-05-15 PART 550—DEFINING AND DELIMITING THE TERM “TALENT FEES” Sections 550.1 § 550.1 “Talent fees” as used in section 7(e)(3)(c) of the Fair Labor Standards Act, as amended. 550.2 § 550.2 Definitions. AuthoritySec. 7, 52 Stat. 1063, as amended; 29 U.S.C. 207. Previous 549 Part 549—Requirements of a “Bona Fide Profit-Sharing Plan or Trust” Next 551 Part 551—Local Delivery Drivers and Helpers; Wage Payment Plans