Designation of one or more companies to provide for funding of alternative retirement plan.

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  4. Designation of one or more companies to provide for funding of alternative retirement plan.

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Each Board of Regents which establishes an alternate retirement plan shall designate one or more companies to provide for the funding of alternate retirement plan benefits through the purchase of annuity contracts, qualified retirement trusts or custodial accounts.

Added by Laws 2004, c. 385, § 5, eff. July 1, 2004.


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