Regulations last checked for updates: Nov 22, 2024

Title 29 - Labor last revised: Oct 31, 2024
All TitlesTitle 29Chapter XLPart 4002 - PART 4002—BYLAWS OF THE PENSION BENEFIT GUARANTY CORPORATION
View all text of Part 4002 [§ 4002.1 - § 4002.10]
§ 4002.2 - Quorum.

Section 4002(d)(2) of ERISA establishes that a majority of the Board Members will constitute a quorum for the transaction of business. Any act of a majority of the Members present at any meeting at which there is a quorum will be the act of the Board.

authority: 29 U.S.C. 1302(b)(3), 1302(f)
source: 82 FR 42733, Sept. 12, 2017, unless otherwise noted.
cite as: 29 CFR 4002.2
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