California § 24331 - An option beneficiary or a trustee or beneficiary of a trust that is an option be
Full text of California Public Contract Code - PCC § 24331 — An option beneficiary or a trustee or beneficiary of a trust that is an option be, with citation guidance and answers to common questions.
§ 24331. An option beneficiary or a trustee or beneficiary of a trust that is an option be
(a) An option beneficiary or a trustee or beneficiary of a trust that is an option beneficiary who is receiving an allowance pursuant to the option elected by the member may designate a beneficiary to receive any allowance that has accrued and is unpaid, and any remaining balance of the retired memberâs accumulated retirement contributions payable pursuant to Section 23881, upon the death of the option beneficiary. (b) Unless otherwise specified in the trust instrument, the trustee of the trust that is an option beneficiary is entitled to name a subsequent beneficiary if the trust is valid. If the trust is determined to be invalid or terminates, any election by the trustee pursuant to this division shall be void and the beneficiary shall be entitled to exercise all rights provided to option beneficiaries under this part.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 24331
What does Public Contract Code - PCC § 24331 cover?
Section 24331 ("An option beneficiary or a trustee or beneficiary of a trust that is an option be") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 24331?
A common citation format is "Public Contract Code - PCC § 24331" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 24331 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.