29 USC 1382: Determination and collection of liability; notification of employer
Text contains those laws in effect on May 3, 2024
From Title 29-LABORCHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAMSUBCHAPTER III-PLAN TERMINATION INSURANCEpart 1-employer withdrawals
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§1382. Determination and collection of liability; notification of employer
When an employer withdraws from a multiemployer plan, the plan sponsor, in accordance with this part, shall-
(1) determine the amount of the employer's withdrawal liability,
(2) notify the employer of the amount of the withdrawal liability, and
(3) collect the amount of the withdrawal liability from the employer.
(