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► 29 U.S.C. § 1110 29 u.s.c. · employee retirement income security prog · title 29
29 U.S.C. § 1110
Exculpatory provisions; insurance
Title 29 USC
● ACTIVE
Ch. 18
Jurisdiction Federal — United States
Chapter EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM
Primary Source uscode.house.gov ↗
Federation ID OM-USC29-SEC-F7F303
► STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 29 - LABOR 29 U.S.C. United States Code, 2023 Edition Title 29 - LABOR CHAPTER 18 - EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM SUBCHAPTER I - PROTECTION OF EMPLOYEE BENEFIT RIGHTS Subtitle B - Regulatory Provisions part 4 - fiduciary responsibility Sec. 1110 - Exculpatory provisions; insurance From the U.S. Government Publishing Office, www.gpo.gov

§1110. Exculpatory provisions; insurance

(a) Except as provided in sections 1105(b)(1) and 1105(d) of this title, any provision in an agreement or instrument which purports to relieve a fiduciary from responsibility or liability for any responsibility, obligation, or duty under this part shall be void as against public policy. (b) Nothing in this subpart 1 shall preclude— (1) a plan from purchasing insurance for its fiduciaries or for itself to cover liability or losses occurring by reason of the act or omission of a fiduciary, if such insurance permits recourse by the insurer against the fiduciary in the case of a breach of a fiduciary obligation by such fiduciary; (2) a fiduciary from purchasing insurance to cover liability under this part from and for his own account; or (3) an employer or an employee organization from purchasing insurance to cover potential liability of one or more persons who serve in a fiduciary capacity with regard to an employee benefit plan.

(Pub. L. 93–406, title I, §410, Sept. 2, 1974, 88 Stat. 886.)

1 So in original. This part does not contain subparts.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 29 U.S.C. § 1110 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 29 U.S.C. § 1109 29 U.S.C. § 1111 →
Chapter 18 — EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM
29 U.S.C. § 100129 U.S.C. § 1001a29 U.S.C. § 1001b29 U.S.C. § 100229 U.S.C. § 100329 U.S.C. § 102129 U.S.C. § 102229 U.S.C. § 102329 U.S.C. § 102429 U.S.C. § 102529 U.S.C. § 102629 U.S.C. § 102729 U.S.C. § 102829 U.S.C. § 102929 U.S.C. § 103029 U.S.C. § 1030a29 U.S.C. § 103129 U.S.C. § 103229 U.S.C. § 105129 U.S.C. § 105229 U.S.C. § 105329 U.S.C. § 105429 U.S.C. § 105529 U.S.C. § 1056
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29 U.S.C.
Citation
29 U.S.C. § 1110
Status
● ACTIVE
Chapter
18 — EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM
Title
Labor
Jurisdiction
Federal
Federation ID
OM-USC29-SEC-F7F303
Root-LD Spec
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Labor — 29 U.S.C. § 1110