Ind. Code § 5-10-1.1-0.3

Current through P.L. 171-2024
Section 5-10-1.1-0.3 - Legalization of actions of school corporations to establish certain employee savings plans

The actions taken by a school corporation before January 1, 1988, to:

(1) establish an employee savings plan that is a defined contribution plan qualified under Section 401(a) of the Internal Revenue Code; and
(2) contribute amounts to the employee savings plan on behalf of the employee, with those amounts to be credited and allocated to the employee;

are legalized.

IC 5-10-1.1-0.3

Added by P.L. 220-2011, SEC. 63, eff. 7/1/2011.