California Education Code

§ 26106.5

EDC § 26106.5 Effective Jan 1, 2017Div. 1 · Title 1 · Part 14 · Ch. 2

Statute text

(a)For purposes of this part, “annuity beneficiary” means the person or trust designated by a participant pursuant to Section 26807, 26807.5, 26906, or 26906.5 to receive an annuity upon the participant’s death.

(b)For purposes of this section, “trust” means an irrevocable trust with the following characteristics:

(1)The trust satisfies the requirements of subparagraph (A) or (C) of paragraph (4) of subdivision (d) of Section 1396p of Title 42 of the United States Code.

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Legislative history

Added by Stats. 2016, Ch. 559, Sec. 13. (AB 1875) Effective January 1, 2017.