Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 260. Office of Management and Enterprise Services |
Chapter 40. Employee Benefits Department |
Subchapter 7. Flexible Benefits Plan |
Part 3. FLEXIBLE BENEFITS PLAN PROVISIONS |
SECTION 260:40-7-35. No rights to employer's Plan assets
Latest version.
- No employee, participant, dependent, or beneficiary of an employee or participant, nor their heirs, successors, or assignees shall have any right to, or interest in any assets of the employer, the Plan, the Plan Administrator, the EBD or the employees, agents, representatives, or designees of same upon termination of a participant's employment or otherwise, except as provided under the Flexible Benefits Plan, and then only to the extent of the benefits payable under the Flexible Benefits Plan to such employee, participant, dependent, or beneficiary.