Title 29 — LaborRelease 119-73
§1400 Approval of amendments
Title 29 › Chapter CHAPTER 18— - EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM › Subchapter SUBCHAPTER III— - PLAN TERMINATION INSURANCE › Subtitle Subtitle E— - Special Provisions for Multiemployer Plans › Part part 1— - employer withdrawals › § 1400
Summary
Amendments adopted over 36 months after effective date take effect only if the corporation approves them or fails to disapprove within 90 days after receiving notice and copy. The corporation may disapprove only if the amendment poses an unreasonable risk of loss to participants/beneficiaries or itself; section 1391(c)(5) governs them.
Full Legal Text
Title 29, §1400
Labor — Source: USLM XML via OLRC
(a)Except as provided in subsection (b), 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)An amendment permitted by section 1391(c)(5) of this title may be adopted only in accordance with that section.
(c)The corporation shall disapprove an amendment referred to in subsection (a) or (b) only if the corporation determines that the amendment creates an unreasonable risk of loss to plan participants and beneficiaries or to the corporation.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
For the
Effective Date
of this section, referred to in subsec. (a), see 1461(e)(2) of this title.
Reference
Citations & Metadata
Citation
29 U.S.C. § 1400
Title 29 — Labor
Last Updated
Apr 6, 2026
Release point: 119-73