WHAT THE LAW DOINCongress, in plain words

The law › Title 29, Labor › Chapter 18

29 U.S.C. 1303: Operation of corporation

Created in 1974 by Public Law 93-406. Changed by 7 later laws. No bill we track in this Congress changes it.

3 other sections of the Code cite this one, including 29 U.S.C. 1341, 29 U.S.C. 1362, 29 U.S.C. 1461.

1 part of federal rules cite it as their authority, written by Pension Benefit Guaranty Corporation (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2014

    • Pub. L. 113–97 substituted "section 1083(k)(1)(A) and (B) or 1085a(g)(1)(A) and (B) of this title or section 430(k)(1)(A) and (B) or 433(g)(1)(A) and (B) of title 26" for "section 1083(k)(1)(A) and (B) of this title or section 430(k)(1)(A) and (B) of title 26". (Cooperative and Small Employer Charity Pension Flexibility Act) Law text · (e)
    • Pub. L. 113–235 inserted "plan sponsor," before "fiduciary". (Consolidated and Further Continuing Appropriations Act, 2015) Law text · (f)

    2006

    • Pub. L. 109–280, §411(a)(2), substituted "under this subchapter, the Director, any member" for "under this subchapter, any member" and "designated by the Director or chairman" for "designated by the chairman". (Pension Protection Act of 2006) Law text · (b)
    • Pub. L. 109–280, §108(b)(2), formerly §107(b)(2), as renumbered by Pub. L. 111–192, substituted "1083(k)(1)(A) and (B)" for "1082(f)(1)(A) and (B)" and "430(k)(1)(A) and (B)" for "412(n)(1)(A) and (B)". (Pension Protection Act of 2006) Law text · (e)

    1994

    • Pub. L. 103–465, §776(b)(1), inserted "and whether section 1350(a) of this title has been satisfied" before period at end of second sentence. · (a)
    • Pub. L. 103–465, §773(a), inserted "(A)" after "enforce" and substituted ", and" and cl. (B) for period at end. · (e)

    1986

    • Pub. L. 99–272, §11016(c)(5), inserted provisions directing the corporation to audit annually a statistically significant number of plans terminating under section 1341(b) of this title to determine whether participants and beneficiaries have received their benefit commitments and to i… · (a)
    • Pub. L. 99–272, §11014(b)(2), added par. (6). · (e)
    • Pub. L. 99–272, §11014(b)(1), amended subsec. (f) generally. Prior to amendment, subsec. (f) read as follows: "Except as provided in section 1451(a)(2) of this title, any participant, beneficiary, plan administrator, or employee adversely affected by any action of the corporation, or b… · (f)

    1984

    • Pub. L. 98–620 struck out par. (4) which provided that upon application by the corporation to a court of the United States for expedited handling of any case in which the corporation was a party, it was the duty of that court to assign such case for hearing at the earliest practical… · (e)

    1980

    • Pub. L. 96–364, §402(a)(2)(A), substituted "enforce" for "determine whether any person has violated or is about to violate". · (a)
    • Pub. L. 96–364, §402(a)(2)(B), substituted "enforce" for "redress violations of". · (e)
    • Pub. L. 96–364, §§402(a)(2)(C), 403(k), substituted "Except as provided in section 1451(a)(2) of the title, any" for "Any" and inserted provisions relating to removal of actions. · (f)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.