Statute · California Government Code
Cal. Gov't Code § 31485.15 — General
Cal. Gov't Code § 31485.15
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2009-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In accordance with Section 401(a)(31) of Title 26 of the United States Code, a person who is entitled to a distribution under this chapter that is an eligible rollover distribution may elect to have all or a part of that distribution paid directly to an eligible, specified plan, subject to terms…
Citator
Cal. Gov't Code § 31485.15 — General is in force in the current edition of the Code, and nothing recorded condemns it.
In accordance with Section 401(a)(31) of Title 26 of the United States Code, a person who is entitled to a distribution under this chapter that is an eligible rollover distribution may elect to have all or a part of that distribution paid directly to an eligible, specified plan, subject to terms and conditions established by the board. If a person elects to have the eligible rollover distribution paid to an eligible, specified plan, the payment, when it is distributable, shall be made in the form of a direct trustee-to-trustee transfer to the eligible retirement plan.