Regulations last checked for updates: May 18, 2024

Title 20 - Employees' Benefits last revised: May 03, 2024
§ 345.406 - Defunct employer.

Whenever the Board determines, pursuant to § 345.207 of this part, that an employer is defunct, the Board will add the amount of such employer's benefit charges, as shown in its cumulative benefit balance, to the system unallocated charge balance.

authority: 45 U.S.C. 362(l)
source: 61 FR 20072, May 3, 1996, unless otherwise noted.
cite as: 20 CFR 345.406