Cal. Ed. Code § 25113

Current through the 2023 Legislative Session.

Section 25113 - Forwarding annuity or custodial account information to vendors

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.

Ca. Educ. Code § 25113

Amended by Stats 2008 ch 230 (AB 2191),s 7, eff. 1/1/2009.

Added by Stats 2002 ch 1095 (AB 2506),s 2, eff. 1/1/2003.

Former §§ 25100 through 25120 were renumbered as § 25901 through 25920by Stats 2000 ch 74 (AB 1509), s 64, eff. 1/1/2001.