§ 27100.5
36 words·~1 min read·
/ca/education-code/27100-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A corporation, trust, charitable organization, parochial institution, or public entity may be designated as a beneficiary under this part, but shall not be designated as an annuity beneficiary, except a trust as defined in Section 26106.5.