Michigan Compiled Laws § 38.1007a “direct Rollover” And “distributee” Defined.

38.1007a “Direct rollover” and “distributee” defined.

Sec. 7a.

(1) “Direct rollover” means a payment by the retirement system to the eligible retirement plan specified by the distributee.

(2) “Distributee” includes a member or deferred vested member. Distributee also includes the member's or deferred vested member's surviving spouse or the member's or deferred vested member's spouse or former spouse under an eligible domestic relations order, with regard to the interest of the spouse or former spouse.

History: Add. 1995, Act 175, Imd. Eff. Oct. 17, 1995

Section: Previous  38.1001  38.1002  38.1003  38.1004  38.1005  38.1006  38.1007  38.1007a  38.1008  38.1008a  38.1009  38.1010  38.1011  38.1012  38.1013  Next

Last modified: October 10, 2016