Notice of Withdrawl of Proposed Exemption Wolverine Bronze Profit Sharing Plan and Trust (the Plan) and BDR Oil, LLC [Application No. D-11639]

 
Docket ID: EBSA-2011-0019
Agency: Employee Benefits Security Administration (EBSA)
Parent Agency: Department of Labor (DOL)
Summary:
The Deparatment withdrew the notice of proposed exemption. If the proposed exemption is granted, the restrictions of section 406(a)(1)(A) and (D), 406(b)(1) and (b)(2) of the Act and the sanctions resulting from the application of section 4975 of the Code, by reason of section 4975(c)(1)(A), (D) and (E) of the Code, shall not apply, to the cash sale (the Sale) by the Plan of a note receivable (the Note) and royalty interests (ORRIs), collectively known as the Alternative Investments, to BDR Oil, LLC, which is owned by Richard A. Smith, William Smith and Douglas Smith (also know as the Alternative Investment Group or the AIG), provided that the following conditions are met:
Docket Details open glossary dialog  
Related RINs: None
Related Dockets: None
Type: Nonrulemaking
 

Primary Documents

View All  (2)
Comment Period Closed
Notice
Posted: 09/26/2011
ID: EBSA-2011-0019-0002
Comment Period Closed
Notice
Posted: 08/19/2011
ID: EBSA-2011-0019-0001

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