LEI COMPLEMENTAR Nº 109, DE 29 DE MAIO DE 2001 | LEI COMPLEMENTAR Nº 109, DE 29 DE MAIO DE 2001 — Brazil law | Esheria

LEI COMPLEMENTAR Nº 109, DE 29 DE MAIO DE 2001

Open entities are also regulated, as applicable, by the laws that apply to insurance companies.

Jurisdiction
Brazil
Instrument
Act or statute
Citation
LEI COMPLEMENTAR Nº 109, DE 29 DE MAIO DE 2001
Version
Undated source snapshot
Language
pt
Official source
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accounting segregation adaptation deadline administration administrative procedure administração de entidade administração de planos de benefícios appeals asset disposition asset encumbrance asset freeze asset management asset registration asset restrictions asset transfer auditoria authorization avaliação atuarial bankruptcy benefit adjustments benefit plans benefits administration benefits payments benefits plan administration benefits plan review +134 more

Statute overview

About this statute

Open entities are also regulated, as applicable, by the laws that apply to insurance companies. A decretação da liquidação extrajudicial produz efeitos imediatos, como suspender ações e execuções, antecipar o vencimento das obrigações e interromper juros, multas e prescrição, com exceções para matéria tributária. Certain managers, officers, auditors, actuaries, and related service providers can be civilly liable for damage or loss they cause to complementary pension entities through acts or omissions. The private pension regime is optional, complementary to the general social security regime, and based on reserves that guarantee the benefit. Certain closed entities may keep providing health assistance services if they set a separate funding arrangement and keep the accounting and assets separate from the pension plan.

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