Colorado Statutes
§ 24-51-217 — Termination
If the association is terminated or partially
terminated for any reason, the rights of all members and former members affected
thereby to benefits accrued and funded to the date of termination shall become
nonforfeitable. Any distribution of assets shall be conducted in accordance with
requirements of the federal Internal Revenue Code of 1986, as amended.
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Legislative History
Source: L. 87: Entire article R&RE, p. 1052, � 1, effective July 1. L. 2009: Entire
section amended, (SB 09-282), ch. 288, p. 1338, � 13, effective January 1, 2010.
Nearby Sections
15
§ 24-1-101
Legislative declaration§ 24-1-102
Short title§ 24-1-103
Head of department defined§ 24-1-106
Agencies not enumerated - continuation§ 24-1-109
Office of the governor§ 24-1-110
Principal departments§ 24-1-111
Department of state - creation§ 24-1-112
Department of the treasury - creation§ 24-1-113
Department of law - creation§ 24-1-115
Department of education - creation§ 24-1-117
Department of revenue - creation