(a) If the participant is not the designated beneficiary,
the participant may be changed to another individual that meets the
requirements of a participant in accordance with §7.185 of this
title (relating to Participant), upon submittal of a request to the
Board in a form approved by the Board, or may be changed by operation
of law or contract.
(b) If the participant is the designated beneficiary,
the participant may be changed to another individual that meets the
requirements of a participant in accordance with §7.185 of this
title, if the beneficiary submits a request to the Board in a form
approved by the Board, or upon submission of a court order.
(c) The Board may charge a fee to process a change
of participant for an account.
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