Static Balance Administration Services; Reimbursement of Administrator

1. Law
2. Indiana Code
3. Trusts and Fiduciaries
4. General Provisions
5. Payroll Savings Plan Administration
6. Static Balance Administration Services; Reimbursement of Administrator

Sec. 5. Subject to this chapter, a payroll savings plan administrator is entitled to reimbursement from a static balance for reasonable expenses incurred in the performance of static balance administration services beginning with the year after the participant ceases to make allotments of payroll deductions to the payroll savings plan administrator.

As added by P.L.141-2005, SEC.27.

Download our app to see the most-to-date content.