Prohibited Transaction has the meaning set forth in ERISA Section 406 and Code Section 4975.
Prohibited Transaction means a transaction described in Section 406(a) of ERISA, that is not exempted by a statutory or administrative or individual exemption pursuant to Section 408 of ERISA.
Prohibited Transaction means any transaction set forth in Section 406 of ERISA or Section 4975 of the Code.
Examples of Prohibited Transaction in a sentence
Before issuing Advisory Opinion 83-S1A, the Department granted a class exemption, Prohibited Transaction Class Exemption 81-82, 46 Fed.
In Prohibited Transaction Exemption 81-82, the U.S. Department of Labor granted an exemption from the prohibited transaction rules for separate account GICs. The DOL did not believe that any market-value adjustment requirements were necessary for separate account GICs “so long as the adjustment is not made with reference to the investment performance of a separate account”.
More Definitions of Prohibited Transaction
Prohibited Transaction means a transaction that is prohibited under Section 4975 of the Code or Section 406 of ERISA and not exempt under Section 4975 of the Code or Section 408 of ERISA.
Prohibited Transaction means any transaction described in (a) Section 406 of ERISA that is not exempt by reason of Section 408 of ERISA or by reason of a Department of Labor prohibited transaction individual or class exemption or (b) Section 4975(c) of the Code that is not exempt by reason of Section 4975(c)(2) or 4975(d) of the Code.
Prohibited Transaction means a “prohibited transaction” within the meaning of Section 406 of ERISA or Section 4975 of the Code for which neither a statutory exemption, an individual exemption nor a class exemption has been issued by the United States Department of Labor.
Prohibited Transaction means any transaction that is prohibited under Code Section 4975 or ERISA Section 406 and not exempt under Code Section 4975 or ERISA Section 408.
Prohibited Transaction. The meaning set forth from time to time in the definition thereof at Section 860F(a)(2) of the Code (or any successor statute thereto) and applicable to the Trust.
Prohibited Transaction means any transaction set forth in Section 406 of ERISA or Section 4975 of the Internal Revenue Code of 1954, as amended from time to time.
Prohibited Transaction means any transaction involving any Plan which is proscribed by Section 406 of ERISA or Section 4975 of the Code.