Home/CFR/Title 29/Part 453
FEDERAL · 29 CFR

Part 453 — General Statement Concerning the Bonding Requirements of the Labor-Management Reporting and Disclosure Act of 1959

26 sections · Title 29: Labor

§ 453.1Scope and significance of this part.
§ 453.2Provisions of the statute.
§ 453.3Labor organizations within the coverage of section 502(a).
§ 453.4Trusts (in which a labor organization is interested) within the coverage of section 502(a).
§ 453.5Officers, agents, shop stewards, or other representatives or employees of a labor organization.
§ 453.6Officers, agents, shop stewards or other representatives or employees of a trust in which a labor organization is interested.
§ 453.7“Funds or other property” of a labor organization or of a trust in which a labor organization is interested.
§ 453.8Personnel who “handle” funds or other property.
§ 453.9“Handling” of funds or other property by personnel functioning as a governing body.
§ 453.10The statutory provision.
§ 453.11The nature of the “duties” to which the bonding requirement relates.
§ 453.12Meaning of fraud or dishonesty.
§ 453.13The statutory provision.
§ 453.14The meaning of “funds.”
§ 453.15The meaning of funds handled “during the preceding fiscal year”.
§ 453.16Funds handled by more than one person.
§ 453.17Term of the bond.
§ 453.18Bonds “individual or schedule in form”.
§ 453.19The designation of the “insured” on bonds.
§ 453.20Corporate sureties holding grants of authority from the Secretary of the Treasury.
§ 453.21Interests held in agents, brokers, and surety companies.
§ 453.22Prohibition of certain activities by unbonded persons.
§ 453.23Persons becoming subject to bonding requirements during fiscal year.
§ 453.24Payment of bonding costs.
§ 453.25Effective date of the bonding requirement.
§ 453.26Powers of the Secretary of Labor to exempt.