§ 441. — Surety company reports; contents; waiver or modification of requirements respecting contents of reports.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 29USC441]
TITLE 29--LABOR
CHAPTER 11--LABOR-MANAGEMENT REPORTING AND DISCLOSURE PROCEDURE
SUBCHAPTER III--REPORTING BY LABOR ORGANIZATIONS, OFFICERS AND EMPLOYEES
OF LABOR ORGANIZATIONS, AND EMPLOYERS
Sec. 441. Surety company reports; contents; waiver or
modification of requirements respecting contents of reports
Each surety company which issues any bond required by this chapter
or the Employee Retirement Income Security Act of 1974 [29 U.S.C. 1001
et seq.] shall file annually with the Secretary, with respect to each
fiscal year during which any such bond was in force, a report, in such
form and detail as he may prescribe by regulation, filed by the
president and treasurer or corresponding principal officers of the
surety company, describing its bond experience under each such chapter
or Act, including information as to the premiums received, total claims
paid, amounts recovered by way of subrogation, administrative and legal
expenses and such related data and information as the Secretary shall
determine to be necessary in the public interest and to carry out the
policy of the chapter. Notwithstanding the foregoing, if the Secretary
finds that any such specific information cannot be practicably
ascertained or would be uninformative, the Secretary may modify or waive
the requirement for such information.
(Pub. L. 86-257, title II, Sec. 211, as added Pub. L. 89-216, Sec. 3,
Sept. 29, 1965, 79 Stat. 888; amended Pub. L. 93-406, title I,
Sec. 111(a)(2)(D), Sept. 2, 1974, 88 Stat. 852.)
References in Text
The Employee Retirement Income Security Act of 1974, referred to in
text, is Pub. L. 93-406, Sept. 2, 1974, 88 Stat. 829, as amended, which
is classified principally to chapter 18 (Sec. 1001 et seq.) of this
title. For complete classification of this Act to the Code, see Short
Title note set out under section 1001 of this title and Tables.
Amendments
1974--Pub. L. 93-406 substituted ``Employee Retirement Income
Security Act of 1974'' for ``Welfare and Pension Plans Disclosure Act''.
Effective Date of 1974 Amendment
Amendment by Pub. L. 93-406 effective Jan. 1, 1975, except as
provided in section 1031(b)(2) of this title, see section 1031(b)(1) of
this title.
Section Referred to in Other Sections
This section is referred to in sections 435, 437, 1031 of this
title.
