Benefits payable in name of beneficiary -- Delivery.
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(1)
(a) Any benefits payable to a beneficiary shall be made in the name of and delivered to the beneficiary or the lawfully appointed guardian or conservator of the beneficiary, or delivered as otherwise ordered by a court of competent jurisdiction under Title 75, Utah Uniform Probate Code.
(b) If the benefit involves a payment not to exceed an amount authorized by the Utah Uniform Probate Code to any one beneficiary, the office may, without the appointment of a guardian or conservator or the giving of a bond, pay the amount due to the beneficiary or to the persons assuming their support.
(c) The payment shall be in either a lump sum or in monthly amounts.
(d) The total of the payments made under this section shall fully discharge and release the office from any further claims.
(2) A beneficiary who qualifies for a monthly benefit under this section shall apply in writing to the office.
(3) The allowance shall begin on the first day of the month following the month in which the:
(a) member or participant died, if the application is received by the office within 90 days of the date of death of the member or participant; or
(b) application is received by the office, if the application is received by the office more than 90 days after the date of death of the member or participant.