For the purposes of recording the account accumulated when payment becomes due to a participant in the defined contribution program, a unitized share value shall be assigned based on closing net asset value of the investment choices made by the participant as of the day contributions are credited to a participant's account.
R.C. 119.032 review dates: 04/01/2009 and 04/01/2014
Promulgated Under: 111.15
Statutory Authority: 3307.80
Rule Amplifies: 3307.81
Prior Effective Dates: 7/01/2001 (Emer.), 9/17/01