Timberland Investment Group, Inc. and Wachovia Bank of Georgia, N.A. Seek Exemptions from Labor and IRS Regulations

Summary

Timberland Investment Group, Inc. and Wachovia Bank of Georgia, N.A. have submitted a proposal to the Department of Labor and the Internal Revenue Service seeking exemptions from certain restrictions on prohibited transactions under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986.