Section 19-6-1008 - [Void on occurrence of contingency] Distribution of DROP benefit(1) Upon termination of service, a participant is entitled to:(a) receive a lump-sum distribution of the participant's DROP benefit;(b) roll the participant's DROP benefit into another eligible retirement plan in a manner prescribed and authorized by the board; or(c) any other distribution or method of payment of the DROP benefit approved by the board.(2) A distribution pursuant to this section is subject to the provisions of 19-2-907 and 19-2-909 and all other applicable provisions of Title 19 and the Internal Revenue Code.Added by Laws 2015, Ch. 258, Sec. 8, eff. 10/1/2015, and void on occurrence of contingency. See Laws 2015, Ch. 258, Sec. 10.