Title 29

PART 2580

Part 2580 - Temporary Bonding Rules

PART 2580 - TEMPORARY BONDING RULES Authority:Sec. 505, Pub. L. 93-406, 88 Stat. 894 (29 U.S.C. 1135); sec. 412(e), Pub. L. 93-406, 88 Stat. 889 (29 U.S.C. 1112). Source:28 FR 14403, Dec. 27, 1963, unless otherwise noted. Redesignated at 50 FR 26706, June 28, 1985.

29:9.1.3.9.12.1SUBPART A
Subpart A - Criteria for Determining Who Must Be Bonded
29:9.1.3.9.12.1.15.1SECTION 2580.412-1
   2580.412-1 Statutory provisions.
29:9.1.3.9.12.1.15.2SECTION 2580.412-2
   2580.412-2 Plans exempt from the coverage of section 13.
29:9.1.3.9.12.1.15.3SECTION 2580.412-3
   2580.412-3 Plan administrators, officers and employees for purposes of section 13.
29:9.1.3.9.12.1.15.4SECTION 2580.412-4
   2580.412-4 “Funds or other property” of a plan.
29:9.1.3.9.12.1.15.5SECTION 2580.412-5
   2580.412-5 Determining when “funds or other property” belong to a plan.
29:9.1.3.9.12.1.15.6SECTION 2580.412-6
   2580.412-6 Determining when “funds or other property” are “handled” so as to require bonding.
29:9.1.3.9.12.2SUBPART B
Subpart B - Scope and Form of the Bond
29:9.1.3.9.12.2.15.1SECTION 2580.412-7
   2580.412-7 Statutory provision - scope of the bond.
29:9.1.3.9.12.2.15.2SECTION 2580.412-8
   2580.412-8 The nature of the duties or activities to which the bonding requirement relates.
29:9.1.3.9.12.2.15.3SECTION 2580.412-9
   2580.412-9 Meaning of fraud or dishonesty.
29:9.1.3.9.12.2.15.4SECTION 2580.412-10
   2580.412-10 Individual or schedule or blanket form of bonds.
29:9.1.3.9.12.3SUBPART C
Subpart C - Amount of the Bond
29:9.1.3.9.12.3.15.1SECTION 2580.412-11
   2580.412-11 Statutory provision.
29:9.1.3.9.12.3.15.2SECTION 2580.412-12
   2580.412-12 Relationship of determining the amount of the bond to “handling”.
29:9.1.3.9.12.3.15.3SECTION 2580.412-13
   2580.412-13 The meaning of “funds” in determining the amount of the bond.
29:9.1.3.9.12.3.15.4SECTION 2580.412-14
   2580.412-14 Determining the amount of funds “handled” during the preceding reporting year.
29:9.1.3.9.12.3.15.5SECTION 2580.412-15
   2580.412-15 Procedures to be used for estimating the amount of funds to be “handled” during the current reporting year in those cases where there is no preceding reporting year.
29:9.1.3.9.12.3.15.6SECTION 2580.412-16
   2580.412-16 Amount of bond required in given types of bonds or where more than one plan is insured in the same bond.
29:9.1.3.9.12.3.15.7SECTION 2580.412-17
   2580.412-17 Bonds over $500,000.
29:9.1.3.9.12.4SUBPART D
Subpart D - General Bond Rules
29:9.1.3.9.12.4.15.1SECTION 2580.412-18
   2580.412-18 Naming of insureds.
29:9.1.3.9.12.4.15.2SECTION 2580.412-19
   2580.412-19 Term of the bond, discovery period, other bond clauses.
29:9.1.3.9.12.4.15.3SECTION 2580.412-20
   2580.412-20 Use of existing bonds, separate bonds and additional bonding.
29:9.1.3.9.12.5SUBPART E
Subpart E - Qualified Agents, Brokers and Surety Companies for the Placing of Bonds
29:9.1.3.9.12.5.15.1SECTION 2580.412-21
   2580.412-21 Corporate sureties holding grants of authority from the Secretary of the Treasury.
29:9.1.3.9.12.5.15.2SECTION 2580.412-22
   2580.412-22 Interests held in agents, brokers and surety companies.
29:9.1.3.9.12.6SUBPART F
Subpart F - Exemptions
29:9.1.3.9.12.6.15SUBJGRP 15
   Bonds Placed With Certain Reinsuring Companies
29:9.1.3.9.12.6.15.1SECTION 2580.412-23
   2580.412-23 Exemption.
29:9.1.3.9.12.6.15.2SECTION 2580.412-24
   2580.412-24 Conditions of exemption.
29:9.1.3.9.12.6.16SUBJGRP 16
   Bonds Placed With Underwriters at Lloyds, London
29:9.1.3.9.12.6.16.3SECTION 2580.412-25
   2580.412-25 Exemption.
29:9.1.3.9.12.6.16.4SECTION 2580.412-26
   2580.412-26 Conditions of exemption.
29:9.1.3.9.12.6.17SUBJGRP 17
   Banking Institutions Subject to Federal Regulation
29:9.1.3.9.12.6.17.5SECTION 2580.412-27
   2580.412-27 Exemption.
29:9.1.3.9.12.6.17.6SECTION 2580.412-28
   2580.412-28 Conditions of exemption.
29:9.1.3.9.12.6.18SUBJGRP 18
   Savings and Loan Associations Subject to Federal Regulation
29:9.1.3.9.12.6.18.7SECTION 2580.412-29
   2580.412-29 Exemption.
29:9.1.3.9.12.6.18.8SECTION 2580.412-30
   2580.412-30 Conditions of exemption.
29:9.1.3.9.12.6.19SUBJGRP 19
   Insurance Carriers, Service and Other Similar Organizations
29:9.1.3.9.12.6.19.9SECTION 2580.412-31
   2580.412-31 Exemption.
29:9.1.3.9.12.6.19.10SECTION 2580.412-32
   2580.412-32 Conditions of exemption.
29:9.1.3.9.12.7SUBPART G
Subpart G - Prohibition Against Bonding by Parties Interested in the Plan
29:9.1.3.9.12.7.20.1SECTION 2580.412-33
   2580.412-33 Introductory statement.
29:9.1.3.9.12.7.20.2SECTION 2580.412-34
   2580.412-34 General.
29:9.1.3.9.12.7.20.3SECTION 2580.412-35
   2580.412-35 Disqualification of agents, brokers and sureties.
29:9.1.3.9.12.7.20.4SECTION 2580.412-36
   2580.412-36 Application of 13(c) to “party in interest”.