Terms Used In 29 CFR Part 4067 - Recovery of Liability for Plan Terminations

• Allegation: something that someone says happened.
• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Fraud: Intentional deception resulting in injury to another.
• Statute: A law passed by a legislature.