49-11-802. Permanent relinquishment of defined contribution benefit -- Procedure.
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Effective 5/6/2026
49-11-802. Permanent relinquishment of defined contribution benefit -- Procedure.
(1)A participant under a defined contribution plan may not permanently relinquish the benefit.
(2)A designated beneficiary under a defined contribution plan may permanently relinquish the benefit by signing an irrevocable written relinquishment.
Amended by Chapter 98 , 2026 General Session