4043.65—Transfer of benefit liabilities.
        
        (a) Reportable event and information required.
         Advance notice is required for a transfer of benefit liabilities, as described in  § 4043.32(a) (determined without regard to  § 4043.32(d) ), and the notice shall include the information described in  § 4043.32(b).
    
    
    
    
        
        (2) 
         If the benefit liabilities of 500 or fewer participants are transferred, in  the circumstances described in  § 4043.32(c)(3).