Section 47-22-10. Lump sum payment on death of member

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Upon the death of any member, a lump sum amount shall be paid to such person as the member has nominated by written designation, filed with the board; otherwise to the member's estate. Such lump sum amount shall be equal to the total amount credited to the member's account on the date of the member's death.

Code 1981, § 47-22-10, enacted by Ga. L. 1992, p. 1288, § 1.

                    
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