U.S. Code, Title 29, Labor

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Author: "U.S. Congress, Office of the Law Revision Counsel"

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§ 1400. Approval of Amendments

(a) Amendment of covered multiemployer plan; procedures applicable

     Except as provided in subsection (b) of this section, if an amendment to a multiemployer plan authorized by any preceding section of this part is adopted more than 36 months after the effective date of this section, the amendment shall be effective only if the corporation approves the amendment, or, within 90 days after the corporation receives notice and a copy of the amendment from the plan sponsor, fails to disapprove the amendment.

(b) Amendment respecting methods for computing withdrawal liability

     An amendment permitted by section 1391(c)(5) of this title may be adopted only in accordance with that section.

(c) Criteria for disapproval by corporation

     The corporation shall disapprove an amendment referred to in subsection (a) or (b) of this section only if the corporation determines that the amendment creates an unreasonable risk of loss to plan participants and beneficiaries or to the corporation.

(Pub. L. 93–406, title IV, § 4220, as added Pub. L. 96–364, title I, § 104(2), Sept. 26, 1980, 94 Stat. 1239.)

References in Text

     For the effective date of this section, referred to in subsec. (a), see 1461(e)(2) of this title.

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Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 1400. Approval of Amendments," U.S. Code, Title 29, Labor in U.S. Code, Title 29, Labor (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed March 25, 2023, http://www.originalsources.com/Document.aspx?DocID=LKGY2JEINK38IYS.

MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 1400. Approval of Amendments." U.S. Code, Title 29, Labor, in U.S. Code, Title 29, Labor, Washington, D.C., Government Printing Office, 2002, Original Sources. 25 Mar. 2023. http://www.originalsources.com/Document.aspx?DocID=LKGY2JEINK38IYS.

Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 1400. Approval of Amendments' in U.S. Code, Title 29, Labor. cited in 2002, U.S. Code, Title 29, Labor, Government Printing Office, Washington, D.C.. Original Sources, retrieved 25 March 2023, from http://www.originalsources.com/Document.aspx?DocID=LKGY2JEINK38IYS.