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California Probate Code

§ 4462

PROB § 4462 Effective Jan 1, 2012Div. 4.5 · Part 3 · Ch. 2
In a statutory form power of attorney, the language granting power with respect to retirement plan transactions empowers the agent to do all of the following:
(a)Select payment options under any retirement plan in which the principal participates, including plans for self-employed individuals.
(b)Make voluntary contributions to those plans.

Legislative history

Amended by Stats. 2011, Ch. 113, Sec. 9. (AB 1082) Effective January 1, 2012.

Source: California Probate Code § 4462 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.