State Codes and Statutes
Statutes > Minnesota > 352-356B > 356A > 356A_08356A.08 PLAN ADMINISTRATION; ADDITIONAL DUTIES.
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.
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.
History:
1989 c 319 art 7 s 8; 1Sp2001 c 10 art 4 s 2
