Section 7.188 - Distributions(a) A request for a distribution may be submitted to the Program in a format approved by the Board. The Program may request additional information as necessary to process a distribution.(b) The participant is responsible for submitting correct information regarding a distribution to a payee.(c) The Program is not responsible for any late fees or other fees or penalties that may be due to a payee related to the distribution.(d) The participant is responsible for maintaining sufficient records regarding the distribution adequate to substantiate to the Internal Revenue Service or the Social Security Administration that a distribution is for a qualified disability expense.(e) Any taxes or penalties due the Internal Revenue Service for distributions that are not qualified disability expenses are the responsibility of the participant.34 Tex. Admin. Code § 7.188
Adopted by Texas Register, Volume 41, Number 37, September 9, 2016, TexReg 7111, eff. 9/12/2016