§ 28-29-23 — § 28-29-23. Termination provisions in alternative scheme.
This text of Rhode Island § 28-29-23 (§ 28-29-23. Termination provisions in alternative scheme.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 28-29-23. Termination provisions in alternative scheme.
No scheme which provides for contributions by employees shall be certified as provided in § 28-29-22 which does not contain suitable provisions for the equitable distribution of any money or securities held for the purpose of the scheme, after due provision has been made to discharge the liabilities already incurred, if and when that certificate is revoked or the scheme otherwise terminated.
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Rhode Island § 28-29-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/28-29-23.