29 CFR 453.4 - Trusts (in which a labor organization is interested) within the coverage of section 502(a).
Section 3(l) of the Act defines a trust in which a labor organization is interested as:
* * * a trust or other fund or organization (1) which was created or established by a labor organization, or one or more of the trustees or one or more members of the governing body of which is selected or appointed by a labor organization, and (2) a primary purpose of which is to provide benefits for the members of such labor organization or their beneficiaries.
4 Daily Cong. Rec., pp. 5858-59, Senate, April 23, 1959.