Plan assets: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 7: Line 7:


{{Box|
{{Box|
'''No ERISA Funds'''. The Fund’s assets do not include "[[plan assets]]" within the meaning of Section 3(42) of {{tag|ERISA}}, and Party B is not otherwise subject to Title I of ERISA or Section 4975 of the Code. <br>
'''No ERISA Funds'''. The Fund’s assets do not include [[plan assets]]within the meaning of Section 3(42) of {{tag|ERISA}}, and Party B is not otherwise subject to Title I of ERISA or Section 4975 of the Code. <br>
'''Definitions'''.  Section {{isdaprov|14}} is hereby amended to include the following definitions in their appropriate alphabetical order:
'''Definitions'''.  Section {{isdaprov|14}} is hereby amended to include the following definitions in their appropriate alphabetical order:
:"'''Code'''" means the U.S. [[Internal Revenue Code of 1986]], as amended, or any successor statute.  
:'''Code'''means the U.S. [[Internal Revenue Code of 1986]], as amended, or any successor statute.  
:"'''ERISA'''" means the U.S. [[Employee Retirement Income Security Act of 1974]], as amended, or any successor statute.  
:'''ERISA'''means the U.S. [[Employee Retirement Income Security Act of 1974]], as amended, or any successor statute.  
}}
}}


Line 18: Line 18:


{{Box|
{{Box|
No ERISA Funds. Party B holds no “[[plan assets]]” and is not a “[[party in interest]]” to an [[employee benefit plan]], in each case as contemplated by the U.S. [[Employee Retirement Income Security Act of 1974]] (or any successor statute).
'''No ERISA Funds'''. Party B holds no “[[plan assets]]” and is not a “[[party in interest]]” to an [[employee benefit plan]], in each case as contemplated by the U.S. [[Employee Retirement Income Security Act of 1974]] (or any successor statute).
}}
}}


{{seealso}}
{{seealso}}
*[[ERISA]]
*[[ERISA]]
{{ref}}
{{ref}}