Current through November, 2024
Section 14-44-11 - Responsibilities regarding maximum amounts(a) It shall be the responsibility of a participant to furnish the administrator with all necessary information so that deferrals under the plan do not exceed the maximum amounts allowable under sections 14-44-8(b), 14-44-9, and 14-44-10.(b) A participant shall be responsible for any tax consequences which may arise as a result of deferrals under the plan which exceed the maximum amounts allowable under sections 14-44-8 (b), 14-44-9, and 14-44-10.[Eff. MAY 12 1983] (Auth: HRS § 88E-3) (Imp: HRS § 88E-3)