# Prop. Treas. Reg. § 1.401-12: Requirements for qualification of trusts and plans  benefiting owner-employees.

Proposed regulation, not in force. EE-38-94, 94-29703, published 1994-12-06 <https://www.federalregister.gov/documents/1994/12/06/94-29703/nonbank-trustee-net-worth-requirements>. Interprets 26 U.S.C. § 401.

Par. 2. Section 1.401-12 is amended by revising paragraphs (n)(6)(ii) and (n)(7)(i) to read as follows:

[The text of proposed paragraphs (n)(6)(ii) and (n)(7)(i) are the same as the text of Sec. 1.401-12T published elsewhere in this issue of the Federal Register].