PLAN LOANS (7 Clause Samples
PLAN LOANS (7. 06). The Employer makes the following elections regarding Plan Loans (Choose (a) or (b).):
(a) [ ] No Loans. Plan loans are not permitted.
(b) [ ] Loans allowed. Plan loans are permitted subject to limitations of the Investment Arrangement Documentation. 44. ROLLOVER CONTRIBUTIONS (3.08, 7.04(A)(1)). The Employer makes the following elections regarding rollover contributions, other than in-plan ▇▇▇▇ rollovers (Choose (a) or (b).):
(a) [ ] No Rollover. Rollover Contributions are not permitted into the Plan.
(b) [ ] Rollovers allowed. The Plan Administrator may accept Rollover Contributions into the Plan subject to Investment Arrangement Documentation, and Plan terms and policies.
PLAN LOANS (7. 06). The Employer makes the following elections regarding Plan Loans (Choose (a) or (b).):
(a) [ ] No Loans. Plan loans are not permitted.
(b) [ ] Loans allowed. Plan loans are permitted subject to limitations of the Investment Arrangement Documentation and the Plan's loan policy (if any).