29 U.S.C. § 1398 — Withdrawal not to occur because of change in business form or suspension of contributions during labor dispute

submitted 46 years ago by Pub. L. 93-406 to r/title-29-LABOR · 111 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section covers 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 Notwithstanding any other provision of this part, an employer must not be considered to have withdrawn from a plan solely because— (1) an employer ceases to exist by reason of— (A) a change in corporate structure described in section 1369(b) of this title , or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.

Notwithstanding any other provision of this part, an employer must not be considered to have withdrawn from a plan solely because— (1) an employer ceases to exist by reason of— (A) a change in corporate structure described in section 1369(b) of this title , or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 must be considered the original employer.

the actual law source: uscode.house.gov ↗public domain

Notwithstanding any other provision of this part, an employer shall not be considered to have withdrawn from a plan solely because—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.

Source credit: (Pub. L. 93–406, title IV, § 4218, as added Pub. L. 96–364, title I, § 104(2), Sept. 26, 1980, 94 Stat. 1236; amended Pub. L. 99–514, title XVIII, § 1879(u)(4), as added Pub. L. 101–239, title VII, § 7862(b)(1)(C), Dec. 19, 1989, 103 Stat. 2432; Pub. L. 101–239, title VII, § 7893(f), Dec. 19, 1989, 103 Stat. 2447.)

history & why it existsrecord from the source credit

1980Enacted · Pub. L. 93-406 · 94 Stat. 1236
1989Amended · Pub. L. 99-514 · 103 Stat. 2432
1989Amended · Pub. L. 101-239 · 103 Stat. 2447

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-406 on 1980-09-26.

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