DOL Regulation definition
Examples of DOL Regulation in a sentence
The Sponsor also represents that such communications will be delivered to such Participants and beneficiaries in a manner permitted by applicable law, including electronic delivery that is consistent with applicable regulations regarding electronic transmission (for example, DOL Regulation §2520.104b-1).
The Borrower shall not and shall not permit any of its Subsidiaries to have any of their assets become subject to Title I of ERISA because they constitute "plan assets" within the meaning of the DOL Regulation Section 2510.3-101 and by reason of an investment in the Borrower or any Subsidiary.
The DOL Regulation defines a “benefit plan investor” as (i) an employee benefit plan, whether or not subject to Title I of ERISA, (ii) any plan described in Section 4975(e)(1) of the Internal Revenue Code (such as an individual retirement account or ▇▇▇▇▇ plan), or (iii) any entity whose underlying assets include plan assets by reason of a plan’s investment in the entity.
The Plan is intended to come within, and shall be administered and maintained to come within, the severance pay plan exception thereto in DOL Regulation Section 2510.3-2(b).
Claims for disability benefits shall be determined under the DOL Regulation section 2560.503-1 which is hereby incorporated by reference.
Tax ID No. Tax ID No. Date Date Please indicate by check ▇▇▇▇ below if Investor is a “benefit plan investor” (as defined in DOL Regulation).
Each of New A&B with respect to the New A&B Nonqualified Plans and Holdings with respect to the Holdings Nonqualified Plans, shall, to the extent necessary, file a statement with the DOL pursuant to DOL Regulation Section 2520.104-23(b) within 120 days of the Distribution Date.
Under the DOL Regulation, when an employee benefit plan or an entity that holds the assets of an employee benefit plan ("Benefit Plan Investors") makes an equity investment in another entity, the underlying assets of that entity generally will be considered plan assets unless one of the exceptions contained in the DOL Regulation is met.
No Loan Party shall permit any of their assets to become subject to Title I of ERISA because they constitute “plan assets” within the meaning of the DOL Regulation Section 2510.3-101 as amended by section 3(42) of ERISA.
The United States Department of Labor (the "DOL") has promulgated 29 CFR 2510.101 (the "DOL Regulation") defining the term "plan assets" for purposes of the fiduciary requirements of Employee Retirement Income Security Act of 1974, as amended ("ERISA") and the prohibited transaction provisions of ERISA and Internal Revenue Code Section 4975.