Minnesota Statutes 356A.08 – Plan Administration; Additional Duties
Current as of: 2023 | Check for updates
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Subdivision 1.Public meetings.
A meeting of the governing board of a covered pension plan or of a committee of the governing board of the covered pension plan is governed by chapter 13D.
Subd. 2.Limit on compensation.
Terms Used In Minnesota Statutes 356A.08
- Fiduciary: A trustee, executor, or administrator.
Terms Used In Minnesota Statutes 356A.08
- Fiduciary: A trustee, executor, or administrator.
No fiduciary of a covered pension plan or a direct relative of a fiduciary may receive any direct or indirect compensation, fee, or other item of more than nominal value from a third party in consideration for a pension plan disbursement.