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Chapter 423B
Section 423B.16
Topics
Recent History
- 2011 423B.16 Repealed 2011 c 8 art 7 s 18
This is an historical version of this statute chapter. Also view the most recent published version.
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
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
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Revisor of Statutes