§ 4-12-4. Benefit payments from trust fund.

No benefit payments from the trust fund shall be made by the comptroller except on written direction of the board and approval of its chairperson, and the comptroller shall have no duty or obligation whatsoever to inquire as to the accuracy of such direction its propriety in light of the provisions of this title, or the code. In accordance with income tax withholding requirements and upon written direction (which may be a continuing direction) from the board as to the name, address and Social Security number of any person to whom money is to be paid from the trust fund and amount thereof, the comptroller shall draw checks in the name of the person designated by the board and deliver such checks in such manner and in such amounts and at such time as the board shall timely direct. If the comptroller shall deem it necessary to withhold any distribution pending compliance with any legal requirements, including the probate of a will, the appointment of a personal representative, the payment of, or provision for, income, estate or inheritance taxes, or for death duties or otherwise, the comptroller shall notify the board and shall thereafter take no action until such legal requirements have been met.

(Code 1985, § 25-33; Ord. No. 3907, § 1, 12-5-1989)