# § 1367. Recovery of liability for plan termination
The corporation is authorized to make arrangements with contributing sponsors and members of their controlled groups who are or may become liable under section 1362, 1363, or 1364 of this title for payment of their liability, including arrangements for deferred payment of amounts of liability to the corporation accruing as of the termination date on such terms and for such periods as the corporation deems equitable and appropriate.
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**Source Credit**: (Pub. L. 93–406, title IV, § 4067, Sept. 2, 1974, 88 Stat. 1032; Pub. L. 99–272, title XI, § 11016(a)(6)(A), Apr. 7, 1986, 100 Stat. 271; Pub. L. 100–203, title IX, § 9313(b)(6), Dec. 22, 1987, 101 Stat. 1330–366; Pub. L. 101–239, title VII, § 7893(g)(3), Dec. 19, 1989, 103 Stat. 2448.)
## Editorial Notes
### Amendments
1989— amended directory language of , see 1986 Amendment note below.
1987— inserted “or may become” after “who are”.
1986—, (iii), substituted “of liability” for “of employer liability” in section catchline and inserted “of amounts of liability to the corporation accruing as of the termination date” in text.
, as amended by , substituted “contributing sponsors and members of their controlled groups” for “employers”.
## Statutory Notes and Related Subsidiaries
### Effective Date of 1989 Amendment
Amendment by effective as if included in the provision of the Single-Employer Pension Plan Amendments Act of 1986, , to which such amendment relates, see , set out as a note under .
### Effective Date of 1987 Amendment
Amendment by applicable with respect to plan terminations under with respect to which notices of intent to terminate are provided under after , see , set out as a note under .
### Effective Date of 1986 Amendment
Amendment by effective , with certain exceptions, see , set out as a note under .