All amounts of compensation deferred pursuant to a deferred compensation program, all property and rights purchased with such amounts, and income attributed to such amounts, property, and rights shall be held in one (1) or more annuity contracts, custodial accounts, or in trust for the exclusive benefit of the employees and their beneficiaries participating in such a program.
Section: Previous 21-5-502 21-5-503 21-5-504 21-5-505 21-5-506 21-5-507 21-5-508 21-5-509 21-5-510 21-5-511 NextLast modified: November 15, 2016