Similar Law definition

Similar Law. As defined in Section 5.02(b).
Similar Law means any foreign, federal, state or local law with provisions substantially similar to Title I of ERISA or Section 4975 of the Code.
Similar Law means a law that is similar to the fiduciary responsibility or prohibited transaction provisions of ERISA or Section 4975 of the Code.

Examples of Similar Law in a sentence

  • If this happens, transactions involving the assets of the Sub-Fund could be subject to fiduciary responsibility, prohibited transaction or other substantive provisions of ERISA, Section 4975 of the US Tax Code and/or Similar Law, which could impair the ability of the Sub-Fund to pursue its investment objectives.

  • If Shares of any Sub-Fund are owned by Benefit Plan Investors, the assets of such Sub-Fund may be deemed to be “plan assets” subject to certain requirements of ERISA, Section 4975 of the Tax Code and/or Similar Law.

  • If Shares of any Sub-Fund are owned by Benefit Plan Investors, the assets of such Sub- Fund may be deemed to be “plan assets” subject to certain requirements of ERISA, Section 4975 of the Tax Code and/or Similar Law.

  • In considering whether to acquire and hold the Notes, a Plan Fiduciary should determine whether the investment is in accordance with the documents and instruments governing the Plan or Non ERISA Arrangement and the applicable provisions of ERISA, the Code or any Similar Law relating to the Plan Fiduciary’s duties to the Plan or Non ERISA Arrangement.

  • Fiduciaries of any such Plans or governmental or church plans subject to Similar Law should con- sult with their counsel before purchasing any of the Securities.


More Definitions of Similar Law

Similar Law. As defined in Section 5.03(n) of this Agreement.
Similar Law means any federal, state, local or other law that is substantially similar to Title I of ERISA or Section 4975 of the Code.
Similar Law means any federal, State, local or non-U.S. law that is substantially similar to the prohibited transaction provisions of Section 406 of ERISA or Section 4975 of the Code.
Similar Law has the meaning assigned to such term in Section 3.04 of the Trust Agreement.
Similar Law means any law or regulation that could cause the underlying assets of the Partnership to be treated as assets of the Limited Partner by virtue of its limited partner interest in the Partnership and thereby subject the Partnership and the General Partner (or other persons responsible for the investment and operation of the Partnership’s assets) to laws or regulations that are similar to the fiduciary responsibility or prohibited transaction provisions contained in Title I of ERISA or Section 4975 of the Code.
Similar Law. The meaning specified in Section 4.02(d).
Similar Law means any federal, state, local, or non-U.S. law that is substantially similar to the provisions of Section 406 of ERISA or Section 4975 of the Code.