Or. Admin. Code § 170-080-0061

Current through Register Vol. 64, No. 1, January 1, 2025

Section 170-080-0061 - Account Closure

A Program IRA account may be closed by a process established by the Board if:

(1) No funds have been deposited into the account for at least 18 months; and

(2) All funds from the Participating Employee's or Participating Individual's account have been withdrawn pursuant to OAR 170-080-0057; or

(3) All funds from the Participating Employee's or Participating Individual's account have been rolled over or transferred pursuant to OAR 170-080-0058.

Or. Admin. Code § 170-080-0061

OST 3-2018, adopt filed 10/11/2018, effective 10/19/2018

Statutory/Other Authority: ORS 178.200-178.245

Statutes/Other Implemented: ORS 178.200-178.245