Statute · California Education Code

Cal. Educ. Code § 25113 — School Employer Retirement Investment Product Vendor Registration Process and Information Bank

Cal. Educ. Code § 25113

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2009-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

An employer may not forward annuity or custodial account consideration to the vendor of any unregistered 403(b) product, except insofar as an employee continues making contributions to an unregistered product or products as described in Section 25114.

Citator

Cal. Educ. Code § 25113 — School Employer Retirement Investment Product Vendor Registration Process and Information Bank is in force in the current edition of the Code, and nothing recorded condemns it.

An employer may not forward annuity or custodial account consideration to the vendor of any unregistered 403(b) product, except insofar as an employee continues making contributions to an unregistered product or products as described in Section 25114.