Oregon State Treasury
Chapter 170
Division 80
OREGON RETIREMENT SAVINGS PROGRAM
170-080-0061
Account Closure
A Program IRA account may be closed by a process established by the Board if:
(1) No funds have been deposited into the account for at least 18 months; and
(2) All funds from the Participating Employee’s or Participating Individual’s account have been withdrawn pursuant to OAR 170-080-0057; or
(3) All funds from the Participating Employee’s or Participating Individual’s account have been rolled over or transferred pursuant to OAR 170-080-0058.
Statutory/Other Authority: ORS 178.200-178.245
Statutes/Other Implemented: ORS 178.200-178.245
History:
OST 3-2018, adopt filed 10/11/2018, effective 10/19/2018