Receipt and release for payments.

Any payment to any member, the member's legal representative, beneficiary, or to any guardian or committee appointed for such member or beneficiary in accordance with the plan, to the extent thereof, shall be in full satisfaction of all claims hereunder against the trustee, the county, and the pension board each of whom may require such member, legal representative, beneficiary, guardian, or committee, as a condition precedent to such payment, to execute a receipt and release thereof or an indemnification agreement or both in such form as shall be determined by the pension board.

(Act 2013-415, p. 1586, §2:9.6; Act 2019-243, §1.)