Section 27-240-X-10.2 - LimitationNotwithstanding the provisions of Section 10.1, the following conditions and limitations apply:
(a) No amendment will be made that will operate to recapture for the Institution any Plan contributions previously made under this Plan. However, Institution Plan Contributions made in contemplation of approval by the Internal Revenue Service may be returned to the Institution if the Internal Revenue Service fails to approve the Plan. In the event that a Fund Sponsor has funds as a result of an error, it shall pay to the Institution the amount found to be in error within 30 days.(b) No amendment will deprive, take away, or alter any then accrued right of any Participant insofar as Plan contributions are concerned.27 Miss. Code. R. 240-X-10.2