California § 7505. 7505. (Added by Stats. 1979, Ch. 454.)

California Statutes

§ 7505. — 7505. (Added by Stats. 1979, Ch. 454.)

California·Code GOV Government Code - GOV·Div. 7.·Title 1. DIVISION 7. MISCELLANEOUS·Ch. 21. CHAPTER 21. Public Pension and Retirement Plans·Art. 1. ARTICLE 1. General Provisions

Every state and local public retirement system shall permit any person entitled to the receipt of benefits to designate that payment of such benefits shall be transmitted to a bank, savings and loan association, or credit union for deposit in the person’s account, and the transmittal of such payment pursuant to this section shall discharge the public agency’s obligations in respect to such payment.

Free access — add to your briefcase to read the full text and ask questions with AI

Every state and local public retirement system shall permit any person entitled to the receipt of benefits to designate that payment of such benefits shall be transmitted to a bank, savings and loan association, or credit union for deposit in the person’s account, and the transmittal of such payment pursuant to this section shall discharge the public agency’s obligations in respect to such payment.

California § 7505. (7505. (Added by Stats. 1979, Ch. 454.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.