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Text of Request by Washington Nationals to PBGC for Exemption from Bond/Escrow Requirement
Pension Benefit Guaranty Corporation [PBGC] Link to more items from this source
[Official Guidance]
Jan. 31, 2007

Excerpt: This notice advises interested persons that the Pension Benefit Guaranty Corporation has received a request from Washington Nationals Baseball Club, LLC for an exemption from the bond/escrow requirement of section 4204(a)(1)(B) ... with respect to the Major League Baseball Players Benefit Plan. Section 4204(a)(1) provides that the sale of assets by an employer that contributes to a multiemployer pension plan will not constitute a complete or partial withdrawal from the plan if ...

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