Title 29LaborRelease 119-73

§1149 Prohibition on false statements and representations

Title 29 › Chapter CHAPTER 18— - EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM › Subchapter SUBCHAPTER I— - PROTECTION OF EMPLOYEE BENEFIT RIGHTS › Subtitle Subtitle B— - Regulatory Provisions › Part part 5— - administration and enforcement › § 1149

Last updated Apr 6, 2026|Official source

Summary

You must not knowingly make false statements of fact when marketing or selling a multiple employer welfare arrangement to employees, beneficiaries, employers, unions, the Secretary, states, or their agents. This includes lies about the plan’s finances or solvency, the benefits it offers, or its legal and regulatory status (for example, whether it’s governed by labor laws or exempt from state oversight). Multiple employer welfare arrangement — a plan where several employers provide welfare benefits together.

Full Legal Text

Title 29, §1149

Labor — Source: USLM XML via OLRC

No person, in connection with a plan or other arrangement that is 11 So in original. Probably should be followed by “a”. multiple employer welfare arrangement described in section 1002(40) of this title, shall make a false statement or false representation of fact, knowing it to be false, in connection with the marketing or sale of such plan or arrangement, to any employee, any member of an employee organization, any beneficiary, any employer, any employee organization, the Secretary, or any State, or the representative or agent of any such person, State, or the Secretary, concerning—
(1)the financial condition or solvency of such plan or arrangement;
(2)the benefits provided by such plan or arrangement;
(3)the regulatory status of such plan or other arrangement under any Federal or State law governing collective bargaining, labor management relations, or intern union affairs; or
(4)the regulatory status of such plan or other arrangement regarding exemption from state 22 So in original. Probably should be capitalized. regulatory authority under this chapter.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

This chapter, referred to in par. (4), was in the original “this Act”, meaning Pub. L. 93–406, known as the Employee Retirement Income Security Act of 1974. Titles I, III, and IV of such Act are classified principally to this chapter. For complete classification of this Act to the Code, see

Short Title

note set out under section 1001 of this title and Tables.

Reference

Citations & Metadata

Citation

29 U.S.C. § 1149

Title 29Labor

Last Updated

Apr 6, 2026

Release point: 119-73