CHAPTER 12. Distributions

Chapter 12 added by Stats. 1998, Ch. 820, Sec. 11.

§§ 22960.95–22960.99 · 5 sections

• § 22960.95 Notwithstanding any other provision of this part, a participant, nonparticipant spouse, or beneficiary shall not be permitted to elect a distribution under…
• § 22960.96 (a) Distributions from the plan shall be made as soon as practicable after the first valuation date immediately following the date of the application. (b)…
• § 22960.97 If a person becomes entitled to a distribution from the plan that constitutes an eligible rollover distribution within the meaning of Section 401(a)(31) of…
• § 22960.98 Except as otherwise provided in this part, all distributions shall be made directly from the fund to the participant or beneficiary. To the extent required by…
• § 22960.99 (a) The plan’s obligations to a participant, beneficiary, or nonparticipant spouse who has applied for a lump-sum benefit cease upon distribution of the…