United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2003_register executive 2010-09-23 article Notices D09002ee1c8184fa8 D09002ee1c8185054 United States Department of Labor originator org United States Government Agency or Subagency United States Employee Benefits Security Administration originator org United States Government Agency or Subagency This document contains a notice of pendency before the Department of Labor (the Department) of a proposed individual exemption which, if granted, will replace PTEs 81-56 (46 FR 36273, July 17, 1981), 85-19 (50 FR 3045, January 23, 1985) and PTE 89-5 (54 FR 4348, January 30, 1989). These are individual exemptions (the Prior Exemptions) that were previously issued by the Department to the Truman Arnold Companies (the Employer), a party in interest with respect to the Plan. Each of the Prior Exemptions permitted the Employer to contribute and/or lease from the Plan certain improved real property (the Properties) under the provisions of three distinct written leases. If granted, the proposed exemption will incorporate many of the facts and representations contained in the Prior Exemptions and update information to the extent there have been changes. Because it appears that PTE 81-56 expired on September 30, 1999, and the parties have been not been covered by an administrative exemption since that time, the proposed exemption will provide retroactive exemptive relief from October 1, 1999, until September 30, 2002. In addition, to resolve uncertainty regarding the expiration dates of the leases described in PTEs 81-56 and PTE 85-19, the proposed exemption merges the leases, along with the lease described in PTE 89-5, under a new master lease (the Master Lease) and provides retroactive exemptive relief, effective October 1, 2002, with respect to such past and continued lease arrangements. This will ensure that the subject Properties are, at all times, covered by an administrative exemption. Further, the proposed exemption will permit the replacement of AmSouth Bank (AmSouth), the Plan's former independent fiduciary, with Regions Bank (Regions), the Plan's current trustee. Thus, the proposed exemption will affect participants and beneficiaries of the Plan, as well as Plan fiduciaries. 68 FR 6205 https://www.govinfo.gov/app/details/FR-2003-02-06/03-2961 03-2961 fr06fe03-96 4510-29-P Application No. D-11059 https://www.govinfo.gov/app/details/FR-2003-02-06/03-2961 https://www.govinfo.gov/content/pkg/FR-2003-02-06/html/03-2961.htm https://www.govinfo.gov/content/pkg/FR-2003-02-06/pdf/03-2961.pdf 6 p. 6205 6210 68 FR 6205 Notice of Proposed Individual Exemption To Replace Prohibited Transaction Exemptions (PTEs) 81-56, 85-19 and 89-5 Involving the Truman Arnold Companies Retirement Plan and Trust (the Plan) Located in Texarkana, TX; Federal Register Vol. 68, Issue NOTICE 03-2961 DEPARTMENT OF LABOR Employee Benefits Security Administration 1999-10-01 Application No. D-11059 4510-29-P 03-2961 Notice of proposed individual exemption to replace PTEs 81-56, 85-19 and 89-5.

This document contains a notice of pendency before the Department of Labor (the Department) of a proposed individual exemption which, if granted, will replace PTEs 81-56 (46 FR 36273, July 17, 1981), 85-19 (50 FR 3045, January 23, 1985) and PTE 89-5 (54 FR 4348, January 30, 1989). These are individual exemptions (the Prior Exemptions) that were previously issued by the Department to the Truman Arnold Companies (the Employer), a party in interest with respect to the Plan. Each of the Prior Exemptions permitted the Employer to contribute and/or lease from the Plan certain improved real property (the Properties) under the provisions of three distinct written leases. If granted, the proposed exemption will incorporate many of the facts and representations contained in the Prior Exemptions and update information to the extent there have been changes. Because it appears that PTE 81-56 expired on September 30, 1999, and the parties have been not been covered by an administrative exemption since that time, the proposed exemption will provide retroactive exemptive relief from October 1, 1999, until September 30, 2002. In addition, to resolve uncertainty regarding the expiration dates of the leases described in PTEs 81-56 and PTE 85-19, the proposed exemption merges the leases, along with the lease described in PTE 89-5, under a new master lease (the Master Lease) and provides retroactive exemptive relief, effective October 1, 2002, with respect to such past and continued lease arrangements. This will ensure that the subject Properties are, at all times, covered by an administrative exemption. Further, the proposed exemption will permit the replacement of AmSouth Bank (AmSouth), the Plan's former independent fiduciary, with Regions Bank (Regions), the Plan's current trustee. Thus, the proposed exemption will affect participants and beneficiaries of the Plan, as well as Plan fiduciaries.

If granted, this proposed exemption will be effective from October 1, 1999, until September 30, 2002, with respect to the leasing arrangement described in PTE 81-56. In addition, the proposed exemption will apply retroactively from October 1, 2002, with respect to the consolidation of the properties described in the Prior Exemptions under the Master Lease. Ms. Jan D. Broady, Office of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor, telephone (202) 693-8556. (This is not a toll-free number.) Employee benefit plans; individual exemptions: Truman Arnold Companies, moffitb@pwba.dol.gov Vol. 68, no. 25 Office of the Federal Register, National Archives and Records Administration 2003-02-06 continuing daily deposited born digital 287 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2003-02-06 P0b002ee1809aad3f 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr06fe03 https://www.govinfo.gov/app/details/FR-2003-02-06 https://www.govinfo.gov/content/pkg/FR-2003-02-06/pdf/FR-2003-02-06.pdf https://www.govinfo.gov/content/pkg/FR-2003-02-06/xml/FR-2003-02-06.xml fdlp 6061 6337 DGPO 2010-09-23 2024-06-07 FR-2003-02-06 machine generated eng FR FR-2003-02-06 68 25