Subject to the provisions of Csp 302.03, the trust documents shall permit a participant to substitute a new designated beneficiary from time to time and shall include such restrictions as shall be necessary to ensure that such substitution does not result in adverse federal income tax consequences.

Source. #7083, eff 8-26-99, EXPIRED: 8-26-07 New. #9585, eff 11-2-09; ss by #11097, eff 5-17-16; ss by #13302, eff 12-10-21