Definition of qualified benefit preservation arrangement

For purposes of §§ 3-12C-1801 to 3-12C-1817 , inclusive, the qualified benefit preservation arrangement is an arrangement under section 415(m) of the Internal Revenue Code and established in § 3-12C-1803 . Source: SL 2020, ch 14 , § 2; SL 2025, ch 27 , § 73.