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181B.101 Loss of rights clause void.

A clause in a pension or profit sharing plan which provides that the employee will lose a vested right or vested pension or profit sharing benefit if the employee joins a competing employer is void. This section is effective for rights and benefits which become vested before or after August 1, 1975.

HIST: 1975 c 307 s 1

Official Publication of the State of Minnesota
Revisor of Statutes