In the event the participant dies without a valid beneficiary designation on file, any balance remaining in the participant’s account shall be payable to the participant’s survivors in the following order:
(a)
The participant’s spouse.(b)
The participant’s natural or adopted children.(c)
The participant’s parents.(d)
The participant’s estate.
Source:
Section 22970.78, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=22970.78.
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