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2026-07-06 10:51:44 -04:00

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LegalText 29 U.S.C. § 1367 Recovery of liability for plan termination us united_states_code code_section 29 LABOR 18 EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM 1367 29 U.S.C. § 1367 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc29@119-100.zip /us/usc/t29/s1367 data/legal/raw/us/code/title-29/usc29.xml 73caa67ff003fd03babd205d50dd085fe284d5bd985de346eba57008008c28b7 123f65eaf0f6719b01d66f4a47cd03d5134b66fbd92ae96d7387b67454b98476 dc6d6bea80f9a90e698dfcc1ce6609089191c23c7df72990711599419034e331 2026-07-04 official
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29 U.S.C. § 1367 - Recovery of liability for plan termination

Text

The corporation is authorized to make arrangements with contributing sponsors and members of their controlled groups who are or may become liable under section 1362, 1363, or 1364 of this title for payment of their liability, including arrangements for deferred payment of amounts of liability to the corporation accruing as of the termination date on such terms and for such periods as the corporation deems equitable and appropriate.

(Pub. L. 93406, title IV, § 4067, Sept. 2, 1974, 88 Stat. 1032; Pub. L. 99272, title XI, § 11016(a)(6)(A), Apr. 7, 1986, 100 Stat. 271; Pub. L. 100203, title IX, § 9313(b)(6), Dec. 22, 1987, 101 Stat. 1330366; Pub. L. 101239, title VII, § 7893(g)(3), Dec. 19, 1989, 103 Stat. 2448.)

Notes

Editorial Notes

Amendments1989—Pub. L. 101239 amended directory language of Pub. L. 99272, § 11016(a)(6)(A)(ii), see 1986 Amendment note below. 1987—Pub. L. 100203 inserted “or may become” after “who are”. 1986—Pub. L. 99272, § 11016(a)(6)(A)(i), (iii), substituted “of liability” for “of employer liability” in section catchline and inserted “of amounts of liability to the corporation accruing as of the termination date” in text. Pub. L. 99272, § 11016(a)(6)(A)(ii), as amended by Pub. L. 101239, substituted “contributing sponsors and members of their controlled groups” for “employers”.

Statutory Notes and Related Subsidiaries

Effective Date of 1989 AmendmentAmendment by Pub. L. 101239 effective as if included in the provision of the Single-Employer Pension Plan Amendments Act of 1986, Pub. L. 99272, title XI, to which such amendment relates, see section 7893(h) of Pub. L. 101239, set out as a note under section 1002 of this title.

Effective Date of 1987 AmendmentAmendment by Pub. L. 100203 applicable with respect to plan terminations under section 1341 of this title with respect to which notices of intent to terminate are provided under section 1341(a)(2) of this title after Dec. 17, 1987, see section 9313(c) of Pub. L. 100203, set out as a note under section 1301 of this title.

Effective Date of 1986 AmendmentAmendment by Pub. L. 99272 effective Jan. 1, 1986, with certain exceptions, see section 11019 of Pub. L. 99272, set out as a note under section 1341 of this title.