State Codes and Statutes

Statutes > Minnesota > 419-425 > 423B > 423B_16

423B.16 SUIT FOR BENEFITS; BONDS.

No person may sue for any pensions or benefits provided from the special fund of the relief association under sections 423B.01 to 423B.18, as amended, unless the person applying for a pension or benefit first posts a bond from a surety company competent to undertake the business in a sufficient amount to defray the expense of the governing board of defending the action. In the event that the governing board is sustained, the portion of the bond necessary to defray these expenses is forfeited to the relief association.

History:

1992 c 471 art 1 s 16

State Codes and Statutes

Statutes > Minnesota > 419-425 > 423B > 423B_16

423B.16 SUIT FOR BENEFITS; BONDS.

No person may sue for any pensions or benefits provided from the special fund of the relief association under sections 423B.01 to 423B.18, as amended, unless the person applying for a pension or benefit first posts a bond from a surety company competent to undertake the business in a sufficient amount to defray the expense of the governing board of defending the action. In the event that the governing board is sustained, the portion of the bond necessary to defray these expenses is forfeited to the relief association.

History:

1992 c 471 art 1 s 16


State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 419-425 > 423B > 423B_16

423B.16 SUIT FOR BENEFITS; BONDS.

No person may sue for any pensions or benefits provided from the special fund of the relief association under sections 423B.01 to 423B.18, as amended, unless the person applying for a pension or benefit first posts a bond from a surety company competent to undertake the business in a sufficient amount to defray the expense of the governing board of defending the action. In the event that the governing board is sustained, the portion of the bond necessary to defray these expenses is forfeited to the relief association.

History:

1992 c 471 art 1 s 16