Lack of a designated beneficiary.

71-05-05-06. Lack of a designated beneficiary. If no beneficiary is designated by a member, any benefits due and payable must be paid to the estate. If the member has elected the one hundred percent joint and survivor option, and the designated beneficiary predeceases the member, the option must be canceled and the member's benefits must be returned to its unreduced amount. History: Effective October 1, 1991. General Authority: NDCC 39-03.1-06 3 Law Implemented: NDCC 39-03.1-11