SECTION 590:25-1-1. Purpose

Latest version.

The rules in this Chapter are adopted to insure the efficient and orderly administration of the State Employees Deferred Compensation Plan and to provide guidelines for the investment of funds which have been deferred from the salaries of state employees. The Plan and Trust are intended to meet the requirements of Internal Revenue Code Sections 457 and 501(a).

[Source: Amended at 15 Ok Reg 974, eff 12-8-97 (emergency); Amended at 15 Ok Reg 3275, eff 7-13-98]

                    
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