76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
46 lines
2.1 KiB
Markdown
46 lines
2.1 KiB
Markdown
---
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type: "LegalText"
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title: "29 U.S.C. § 1414"
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description: "Asset transfer rules"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 29
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title_name: "LABOR"
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chapter_number: "18"
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chapter_name: "EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM"
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section: "1414"
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citation: "29 U.S.C. § 1414"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc29@119-100.zip"
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source_identifier: "/us/usc/t29/s1414"
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source_file: "data/legal/raw/us/code/title-29/usc29.xml"
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source_hash: "7d10aea8d646c9755acd9fc618f198bfb869df2400c064638c8c973695097920"
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raw_snapshot_hash: "123f65eaf0f6719b01d66f4a47cd03d5134b66fbd92ae96d7387b67454b98476"
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text_hash: "233935b55a8eb7b09caf3a1ef22945372c1f904fb0dac07d6d99dbf92834df3b"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 29 U.S.C. § 1414 - Asset transfer rules
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## Text
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(a) Applicability and scope A transfer of assets from a multiemployer plan to another plan shall comply with asset-transfer rules which shall be adopted by the multiemployer plan and which—
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(1) do not unreasonably restrict the transfer of plan assets in connection with the transfer of plan liabilities, and
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(2) operate and are applied uniformly with respect to each proposed transfer, except that the rules may provide for reasonable variations taking into account the potential financial impact of a proposed transfer on the multiemployer plan.
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Plan rules authorizing asset transfers consistent with the requirements of section 1412(c)(3) of this title shall be considered to satisfy the requirements of this subsection.
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(b) Exemption of de minimis transfers The corporation shall prescribe regulations which exempt de minimis transfers of assets from the requirements of this part.
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(c) Written reciprocity agreements This part shall not apply to transfers of assets pursuant to written reciprocity agreements, except to the extent provided in regulations prescribed by the corporation.
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(Pub. L. 93–406, title IV, § 4234, as added Pub. L. 96–364, title I, § 104(2), Sept. 26, 1980, 94 Stat. 1247.)
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