29 C.F.R. · Labor
29 C.F.R. § 549.3

Distinction between plan and trust.

Title 29 C.F.R. ● ACTIVE Primary Source
Regulatory Text

29 C.F.R. § 549.3 — Distinction between plan and trust.

§ 549.3 Distinction between plan and trust. As used in this part: (a) Profit-sharing plan means any such program or arrangement as qualifies hereunder which provides for the distribution by the employer to his employees of their respective shares of profits; (b) Profit-sharing trust means any such program or arrangement as qualifies under this part which provides for the irrevocable deposit by the employer of his employees' distributive shares of profits with a trustee for deferred distribution to such employees of their respective shares.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR29-SEC-B8E979
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REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
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29 C.F.R. § 549.3
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PRIMARY-SOURCE
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The regulatory text of 29 C.F.R. § 549.3 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 29 29 C.F.R. § 549.3