HAR §14-44-13

HAR §14-44-13. Deferrals remain as employer's assets

Length: 105 wordsOfficial source

Cite as Haw. Code R. § 14-44-13

(a) The amounts deferred under the plan by a participant, including income attributable to the 44-9 §14-44-13 investment of the amounts deferred, shall remain an asset of the participant's employer. (b) When a participant changes employment from one employer to another employer under the plan, the amounts deferred by the participant, including income attributable to the investment of the amounts deferred, shall become an asset of the new employer. (c) A participant's rights to the amounts deferred shall be limited to those provided in the pl-ter a~r ' t~is chapter. 2023! J (Auth: [Eff 5/12/83; HRS §88E-3) comp (Imp: HRS §§88E-3, 88E-8) SUBCHAPTER 3 INVESTMENTS