Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.
In the event the participant dies without a valid beneficiary designation on file, any balance remaining in the participant’s account shall be payable to the participant’s survivors in the following order:
(a)The participant’s spouse.
(b)The participant’s natural or adopted children.
(c)The participant’s parents.
(d)The participant’s estate.
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Other sections in Chapter 10 - Beneficiary