South Carolina Statutes
§ 9-12-30 — Administration of QEBAs.
The board shall administer the QEBAs. The board has full discretionary authority to determine all questions arising in connection with the QEBAs, including its interpretation and any factual questions arising under the QEBAs. Further, the board has full authority to make modifications to the benefits payable under the QEBAs as may be necessary to maintain the QEBAs' qualification under Section 415(m) of the Internal Revenue Code.
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South Carolina § 9-12-30 (Administration of QEBAs.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2008 Act No. 311, SECTION 28, eff June 4, 2008.
Nearby Sections
12
§ 9-12-10
Definitions.§ 9-12-100
QEBA funds unsecured.§ 9-12-110
QEBA is a governmental plan.§ 9-12-120
No deduction for employer contributions.§ 9-12-30
Administration of QEBAs.§ 9-12-60
Amount of contributions to the QEBA.§ 9-12-80
No ability to defer.§ 9-12-90
No assignment.