California Statutes

§ 27302. — 27302. (Amended by Stats. 1998, Ch. 965, Sec. 305.)

California § 27302.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 14.PART 14. STATE TEACHERS’ RETIREMENT SYSTEM CASH BENEFIT PROGRAM
Ch. 14.CHAPTER 14. Distribution of Benefits

This text of California § 27302. (27302. (Amended by Stats. 1998, Ch. 965, Sec. 305.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Education Code - EDC Code § 27302. (2026).

Text

If a benefit payable under this part cannot be distributed because, after a good faith effort, the participant or beneficiary cannot be located, the balances in the participant’s employee account and employer account shall be forfeited by the participant or beneficiary, but if the participant or beneficiary thereafter submits a valid claim to the system the employee and employer accounts shall be reinstated and shall be credited with all applicable interest at the minimum interest rate and additional earnings credit amounts attributable to the period during which the forfeiture was in effect.

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Legislative History

Amended by Stats. 1998, Ch. 965, Sec. 305. Effective January 1, 1999.
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California § 27302., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/27302..