960 CMR, § 3.08
Current through Register 1536, December 6, 2024
Should any employee participating in the deferred compensation plan apply for life insurance protection to be purchased with deferred funds, and thereafter be refused such protection, or if such life insurance is thereafter canceled, the insurer shall remain in possession of such funds deferred for this purpose until the employee makes another election for investment of such funds.
960 CMR, § 3.08