29 C.F.R. § 453.26 Powers of the Secretary of Labor to exempt.
Title 29 - Labor
Section 502(a) of the Act provides that when in the opinion of the Secretary of Labor a labor organization has made other bonding arrangements which would provide the protection required at comparable cost or less, he may exempt such labor organization from placing a bond through a surety company holding a grant of authority from the Secretary of the Treasury under the Act of July 30, 1947 (6 U.S.C. 6–13), as acceptable surety on Federal bonds. [30 FR 14926, Dec. 2, 1965]
Title 29: Labor
PART 453—GENERAL STATEMENT CONCERNING THE BONDING REQUIREMENTS OF THE LABOR-MANAGEMENT REPORTING AND DISCLOSURE ACT OF 1959
Miscellaneous Provisions
§ 453.26 Powers of the Secretary of Labor to exempt.
