§1452 Penalty for Failure to Provide Notice

Summary

If a person fails, without a good reason, to give a notice required under this subtitle or its rules, they must pay the corporation up to $100 for each day the failure continues. The corporation can sue that person in the U.S. District Court for the District of Columbia or in any federal district court where the plan’s assets are, the plan is run, or where the person lives or does business. The person can be served with court papers in any district where they live, work, or can be found.