§ 154-239. Amendment of plan by the employer.  


Latest version.
  • Subject to the limitations stated in the foregoing sections of this subdivision, the employer specifically reserves to itself the right, at any time, to modify or amend the plan and trust, in whole or in part, except as prohibited by Georgia law. Any amendment shall be by an instrument in writing executed by the employer and shall be effective upon its execution by the agents of the employer and by the board of trustees, unless another effective date is provided. Notice of such amendment shall be given to any investment adviser or custodian by promptly delivering to it an executed or certified copy of such instrument.

(91-RC-669, § 9.4, 12-18-91)