North Carolina Administrative Code
Title 20 - STATE TREASURER
Chapter 02 - RETIREMENT SYSTEMS
Subchapter B - TEACHERS' AND STATE EMPLOYEES' RETIREMENT SYSTEM
Section .0300 - BENEFICIARIES
Section 02B .0305 - BENEFICIARY WHO IS A MINOR
Current through Register Vol. 39, No. 6, September 16, 2024
(a) Payments to beneficiaries who are minors will be made to an appointed guardian or to the clerk of superior court in the county in which the beneficiary resides to the extent that such payment is authorized by law.
(b) In the event that the appointed guardian or the clerk of superior court in the county in which the beneficiary resides is unwilling or unable to accept payment on behalf of the minor beneficiary payment may be made to a custodian in accordance with Chapter 33A of the North Carolina General Statutes, entitled North Carolina Uniform Transfers to Minors Act.
Authority
G.S.
135-5(g);
135-6(f);
Eff. February 1, 1976;
Readopted Eff. March 1, 2023; September 21,
1977.
