California Government Code

§ 8880.326

GOV § 8880.326 Effective Aug 4, 1995Div. 1 · Title 2 · Ch. 12.5 · Art. 3

Statute text

Upon the death of the prizewinner, the prize may be paid by any of the following methods:

(a)To the trustee of a trust established pursuant to subdivision (a) of Section 8880.325, or, if the trust has been terminated, to those beneficiaries entitled to distribution under Section 8880.325.

(b)To one or more beneficiaries designated on a form approved by the commission for that purpose, executed by the prizewinner, filed with the commission in accordance with regulations adopted by the commission to govern those designations, and in effect upon the prizewinner’s death.

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Legislative history

Added by Stats. 1995, Ch. 363, Sec. 4. Effective August 4, 1995.