employer securities
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 133 — in this section
For purposes of this paragraph, the term “employer securities” has the meaning given such term by section 409(l). The term “securities acquisition loan” shall not include a loan with a term greater than 15 years.
26 U.S.C. § 401 — under this section (20 versions over time)
A stock bonus plan shall not be treated as meeting the requirements of this section unless such plan meets the requirements of subsections (h) and (o) of section 409, except that in applying section 409(h) for purposes of this paragraph, the term “employer securities” shall include any securities of the employer held by the plan.
26 U.S.C. § 404 — under this chapter (6 versions over time)
The term “employer securities” has the meaning given such term by section 409(l).
26 U.S.C. § 409 — for purposes of this section
The term “employer securities” means common stock issued by the employer (or by a corporation which is a member of the same controlled group) which is readily tradable on an established securities market.
26 U.S.C. § 409 — for purposes of this section
If there is no common stock which meets the requirements of paragraph (1), the term “employer securities” means common stock issued by the employer (or by a corporation which is a member of the same controlled group) having a combination of voting power and dividend rights equal to or in excess of—
(A) that class of common stock of the employer (or of any other such corporation) having the greatest voting power, and
(B) that class of common stock of the employer (or of any other such corporation) having the greatest dividend rights.
26 U.S.C. § 4978 — for purposes of this section (3 versions over time)
The term "employer securities" has the meaning given to such term by section 409(l).