Section 22970.855.  


Latest version.
  • The board may amend the plan to permit a participant to withdraw some or all of his or her after-tax contributions without requiring the participant to terminate from the plan to the extent that this in-service distribution is allowed under applicable federal and state laws, and pursuant to the terms and conditions established by the board.

(Added by Stats. 2007, Ch. 511, Sec. 8. Effective January 1, 2008.)