§900.3. Composition.
20 C.F.R. § 900.3
Pursuant to the Bylaws, the Joint Board consists of three members appointed by the Secretary of the Treasury and two members appointed by the Secretary of Labor. The Board elects a Chairman and a Secretary from among the Department of the Treasury and the Department of Labor members. The Pension Benefit Guaranty Corporation may designate a non-voting representative to sit with, and participate in, the discussions of the Board. All decisions of the Board are made by simple majority vote.
Notes, amendments, and revision history
Amendments
[81 FR 8833, Feb. 23, 2016]
Authority
Authority: Sec. 3041-2, Pub. L. 93-406, 88 Stat. 829, 1002 (29 U.S.C. 1241-2).
Source
Source: 40 FR 18776, Apr. 30, 1975, unless otherwise noted.
Amendments
[81 FR 8833, Feb. 23, 2016]