---
kind: "section"
citation: "29 U.S.C. § 1414"
title: "29"
title_heading: "Labor"
number: "1414"
heading: "Asset transfer rules"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/29/1414"
units:
  - "Chapter 18 — Employee Retirement Income Security Program"
  - "Subchapter III — Plan Termination Insurance"
  - "Subtitle E — Special Provisions for Multiemployer Plans"
  - "Part 2 — merger or transfer of plan assets or liabilities"
---

# §1414. Asset transfer rules

- (a) **Applicability and scope—** A transfer of assets from a [multiemployer plan](/usc/29/1301.md?p=a-3) to another plan shall comply with asset-transfer rules which shall be adopted by the [multiemployer plan](/usc/29/1301.md?p=a-3) and which—
  - (1) do not unreasonably restrict the transfer of plan assets in connection with the transfer of plan liabilities, and
  - (2) operate and are applied uniformly with respect to each proposed transfer, except that the rules may provide for reasonable variations taking into account the potential financial impact of a proposed transfer on the [multiemployer plan](/usc/29/1301.md?p=a-3).

  Plan rules authorizing asset transfers consistent with the requirements of [section 1412(c)(3) of this title](/usc/29/1412.md?p=c-3) shall be considered to satisfy the requirements of this subsection.

- (b) **Exemption of de minimis transfers—** The corporation shall prescribe regulations which exempt de minimis transfers of assets from the requirements of this part.
- (c) **Written reciprocity agreements—** This part shall not apply to transfers of assets pursuant to written reciprocity agreements, except to the extent provided in regulations prescribed by the corporation.

## Source credit

(Pub. L. 93–406, title IV, § 4234, as added Pub. L. 96–364, title I, § 104(2), Sept. 26, 1980, 94 Stat. 1247.)