356A.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