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Office of the Revisor of Statutes

SF 892 Senate Long Description

1E Authorizing political subdivisions with an actuarial liability to pay postemployment benefits to create a trust to pay benefits; providing for a trust administrator; specifying account maintenance and investment provisions; providing for a limit on deposit, withdrawal of funds and termination of account and the status of the irrevocable fund; providing for the validation of trusts
(rt)