Where the Trustees deem. an employer to be persistently delinquent in remitting contributions they may require the employer to post security in the form of a cash deposit in a reasonable amount not to exceed fifty thousand dollars ($50,000.00) per fund to be held in trust by the Trustees for a period to be determined by the Trustees.
Appears in 5 contracts
Samples: Construction Collective Agreement, Construction Collective Agreement, Construction Collective Agreement