29 U.S.C. § 1398 : US Code - Section 1398: Withdrawal not to occur because of change in business form or suspension of contributions during labor dispute
Search 29 U.S.C. § 1398 : US Code - Section 1398: Withdrawal not to occur because of change in business form or suspension of contributions during labor dispute
Notwithstanding any other provision of this part, an employer
shall not be considered to have withdrawn from a plan solely
because -
(1) an employer ceases to exist by reason of -
(A) a change in corporate structure described in section
1369(b) of this title, or
(B) a change to an unincorporated form of business
enterprise,
if the change causes no interruption in employer contributions or
obligations to contribute under the plan, or
(2) an employer suspends contributions under the plan during a
labor dispute involving its employees.
For purposes of this part, a successor or parent corporation or
other entity resulting from any such change shall be considered the
original employer.
« Prev
Application of part in case of certain pre-1980 withdrawals; adjustment of covered plan
Next »
Notice, collection, etc., of withdrawal liability