Section 25113 Of Chapter 39. School Employer Retirement Investment Product Vendor Registration Process And Information Bank From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 39.

. An employer may not forward annuity or custodial account consideration to the vendor of any unregistered 403(b) product, except insofar as an employee continues making contributions to an unregistered product or products as described in Section 25114.