Regulations last checked for updates: Feb 16, 2025

Title 20 - Employees' Benefits last revised: Jan 17, 2025
§ 345.406 - Defunct employer.

Whenever the Board determines, pursuant to § 345.207 of this part, that an employer is defunct, the Board will add the amount of such employer's benefit charges, as shown in its cumulative benefit balance, to the system unallocated charge balance.

authority: 45 U.S.C. 362(l)
source: 61 FR 20072, May 3, 1996, unless otherwise noted.
cite as: 20 CFR 345.406