Party in Interest

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Party in interest

An ERISA-specified individual—such as an administrator, officer, fiduciary, trustee, custodian, or counsel—who is prohibited from making certain transactions involving a retirement plan. A trustee, for example, would be prohibited from using an IRA as collateral for a loan.

Party in Interest

Anyone prohibited under ERISA from using a retirement plan for one's own interests. For example, the investment manager of a 401(k) may not use that 401(k) as collateral on a personal loan. See also: Fiduciary Responsibility.

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Biweekly Mortgage Job Lot Shark Watcher			Supreme Court made it clear that a nonfiduciary party in interest (such as a CPA) can be held liable under ERISA for participating in a prohibited transaction. ERISA liability for CPAs by Collins, Michael J. / Journal of Accountancy This rule is being amended to clarify that the court may grant the request of a party in interest for an extension of time to file such an objection for cause shown, so long as the request is filed within the initial 30-day period. AMENDMENTS TO THE BANKRUPTCY RULES by Avery, Wesley H. / The National Public Accountant The court noted that it was authorized to impose financial sanctions on any party or attorney for frivolous conduct and then ruled that although an insurance carrier is not traditionally considered a party, the insurer controlled the defense and essentially was the real party in interest in this case. Sanctioning Insurers by SCHAFLER, SETH B. / Risk & Insurance			Participate But Do Not Initiate Participating Participating Buyer/Seller Participating convertible preferred stock Participating Dividend Participating Equity Preferred Shares Participating fees Participating GIC Participating Life Insurance Policies participating mortgage Participating Policy Participating Preferred Stock participation Participation Certificate Participation Certificates Participation Loan Participation Rate parties partition partition auction Partly Taxable Pensions Partner partnership Partnership Account Partnership Agreement Party in Interest party wall Pasar a perdida Pasivo Pasivo circulante Pasivo contingente Pasivo transitorio Pass the Book pass-through certificates Pass-Through Coupon Rate Pass-Through Rate pass-through securities Pass-Through Security pass-throughs Passed Dividend Passif a court terme Passif conditionnel Passifs transitoires Passing the Book Passive passive activity passive activity expenses passive activity income passive activity loss Passive Bond Passive Debt			Party for Brotherhood and Unity in Politics Party for Democracy and Progress Party for Democratic Convergence Party for Democratic Prosperity Party for Democratic Reforms Party for Freedom and Democracy in China Party for Independent Candidates of Kenya Party for Liberty, Equality and Justice Party for National Independence of Azerbaijan Party for Socialism and Liberation Party for the Complete Emancipation of Romas Party for the Liberation of Rwanda Party for the Liberation of Rwanda Party for the Masses Party for the Political and Economic Renewal of Tajikistan Party for Unity and Progress Party for Unity and Safeguarding of the Integrity of Congo party game Party games party girl Party Girl (film) Party Groups in the CPSU Party hall Party halls Party Hat Party in Interest Party in My Pants party in power Party in the Park Party Juice Party jury Party kid Party kid Party kid Party Leaders and Elected Officials party leadership Party Liberation Front Party Like a Rock Star Party Like It's 1999 party line party line party line party line Party Line Protocol party liner party liner party liner party liner Party lines Party lines Party lines Party List party machine party making an affidavit party man Party Managment System

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