Exemption From Bond/Escrow Requirement Relating to Sale of Assets by an Employer Who Contributes to a Multiemployer Plan; Tuscan Dairy Farms, Inc.

Résumé

The Pension Benefit Guaranty Corporation has granted a request from Tuscan Dairy Farms, Inc. for an exemption from the bond/escrow requirement of section 4204(a)(1)(B) of the Employee Retirement Income Security Act of 1974, as amended, with respect to the Local 584 Pension Trust Fund. A notice of the request for exemption from the requirement was published on July 24, 1996 (61 FR 38481). The effect of this notice is to advise the public of the decision on the exemption request.