Government Code § 824.102
A member or annuitant may name a trust as beneficiary for retirement benefits, but a trust with more than one beneficiary cannot receive benefits that multiple designated beneficiaries would not be entitled to. If a trust is the beneficiary, the trustee may exercise beneficiary-option elections and name later beneficia
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
A member or annuitant may name a trust as beneficiary for retirement benefits, but a trust with more than one beneficiary cannot receive benefits that multiple designated beneficiaries would not be entitled to. If a trust is the beneficiary, the trustee may exercise beneficiary-option elections and name later beneficiaries.
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Government Code § 824.102
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