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29 U.S.C. § 1414

Title 29 Chapter 18 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
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§ 1414. Asset transfer rules

  • (a) A transfer of assets from a multiemployer plan to another plan shall comply with asset-transfer rules which shall be adopted by the multiemployer plan and which—
    • (1) do not unreasonably restrict the transfer of plan assets in connection with the transfer of plan liabilities, and
    • (2) operate and are applied uniformly with respect to each proposed transfer, except that the rules may provide for reasonable variations taking into account the potential financial impact of a proposed transfer on the multiemployer plan.
  • (b) The corporation shall prescribe regulations which exempt de minimis transfers of assets from the requirements of this part.
  • (c) This part shall not apply to transfers of assets pursuant to written reciprocity agreements, except to the extent provided in regulations prescribed by the corporation.

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