29 CFR § 409.1 - Definitions.

---
identifier: "/us/cfr/t29/s409.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 409.1 - Definitions."
title_number: 29
title_name: "Labor"
section_number: "409.1"
section_name: "Definitions."
chapter_name: "OFFICE OF LABOR-MANAGEMENT STANDARDS, DEPARTMENT OF LABOR"
subchapter_number: "A"
subchapter_name: "LABOR-MANAGEMENT STANDARDS"
part_number: "409"
part_name: "REPORTS BY SURETY COMPANIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Secs. 207, 208, 211; 79 Stat. 888; 88 Stat. 852 (29 U.S.C. 437, 438, 441); Secretary's Order No. 03-2012, 77 FR 69376, November 16, 2012."
regulatory_source: "31 FR 11177, Aug. 24, 1966, unless otherwise noted."
cfr_part: "409"
---


# 409.1 Definitions.

As used in this part, the term:

(a) *Fiscal year* means the calendar year, or other period of 12 consecutive calendar months. Once reported on one basis, a change in the reporting year shall be effected only upon prior approval by the Office of Labor-Management Standards.

(b) *Corresponding principal officers* shall include any person or persons performing or authorized to perform principal executive functions corresponding to those of president and treasurer of any surety underwriting a bond for which reports are required under section 211 of the Labor-Management Reporting and Disclosure Act of 1959.