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DOL Updates Prohibited Transaction Exemption for Interest Free Loans to Plans
Deloitte Link to more items from this source
[Guidance Overview]
Apr. 18, 2006
Excerpt: The Department of Labor's Employee Benefits Security Administration (EBSA) has updated its prohibited transaction class exemption (PTE 80-26) relating to interest free loans to plans by removing the three-day duration limit that applied to loans for purposes incidental to the plan's ordinary operation.

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