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RHODE ISLAND STATUTES AND CODES

§ 28-29-23 - Termination provisions in alternative scheme.

SECTION 28-29-23

   § 28-29-23  Termination provisions inalternative scheme. – No scheme which provides for contributions by employees shall be certified asprovided in § 28-29-22 which does not contain suitable provisions for theequitable distribution of any money or securities held for the purpose of thescheme, after due provision has been made to discharge the liabilities alreadyincurred, if and when that certificate is revoked or the scheme otherwiseterminated.

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