stable value contract

(2)For purposes of this subsection, the term “stable value contract” means any contract, agreement, or transaction that provides a crediting interest rate and guaranty or financial assurance of liquidity at contract or book value prior to maturity offered by a bank, insurance company, or other State or federally regulated financial institution for the benefit of any individual or commingled fund available as an investment in an employee benefit plan (as defined in, including plans described in) subject to participant direction, an eligible deferred compensation plan (as defined in) that is maintained by an eligible employer described in, an arrangement described in, or a qualified tuition program (as defined in).

Source

15 USC § 8307(d)(2)


Scoping language

None: Default is title Scope
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