Refund liability definition

Refund liability means the amount the member may elect to withdraw from the former system under section 97A.16.
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Refund liability means the amount the member may elect to withdraw from the former system under section 411.23.
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Refund liability means the amount the member may elect to withdraw from the former system under section 411.23.2. Commencing July 1, 1996, a vested member of an eligible retirement system who terminates employment covered by one eligible retirement system and, within one year, commences employment covered by the other eligible retirement system may elect to transfer the greater of the average accrued benefit or the refund liability earned from the former system to the current system. The member shall file an application with the current system for transfer of the greater of the average accrued benefit or the refund liability within ninety days of the commencement of employment with the current system.
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Examples of Refund liability in a sentence

  • However, we noted under the Refund Liability header that you utilize the expected value method.


More Definitions of Refund liability

Refund liability means the amount the member may elect to with- draw from the former system under section 411.23.
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Refund liability means the amount the member may elect to with- draw from the former system under section 97A.16. Sec. 70. Section 411.31, subsection 2, Code 2003, is amended to read as follows:
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Refund liability means the amount the member may elect to withdraw from the former system under section 411.23.Commencing July 1, 1996, a vested member of an eligible retirement system who terminates employment covered by one eligible retirement system and, within one
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Refund liability means the amount that must be refunded to the debtor at any time if the insurance is terminated.
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Refund liability means all Liabilities to make refunds to Associated Center customers of amounts received by BSML in respect of whitening services under any prepayment or gift certificate arrangement or otherwise.
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Related to Refund liability

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Liability means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes.

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Consequential Loss means loss of profits, anticipated loss of profit or revenue, loss of production, loss of business opportunity, loss of or damage to goodwill or reputation, loss of use or any other similar loss, but excludes:

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.