LAC 58:III.515

LAC 58:III.515. Death of Beneficiary

Last amended: 1998Year: 2026Length: 60 wordsOfficial source

Cite as La. Admin. Code tit. 58, pt. III, § 515

A. In the event of the death of a surviving spousal or nonspousal beneficiary, any remaining DROP account balance will be paid to the estate of the beneficiary. B. DROP accounts will be subject to all Louisiana laws governing community property, inheritance, and estate matters and will be administered in accordance with applicable state laws and orders of the court.
LAC 58:III.515: LAC 58:III.515. Death of Beneficiary | Justis AI