20 NCAC 02B .0304          NO LIVING BENEFICIARY

If no designated beneficiary, whether principal or contingent, is living at the time of the member's death, payment of the amount due, if any, will be made to the administrator or executor of the estate or the collector of funds for the estate of the member.

History Note:        Authority G.S. 135‑5(g); 135‑6(f);

Eff. February 1, 1976;

Readopted Eff. March 1, 2023; September 21, 1977.