Minnesota § 356A.08 PLAN ADMINISTRATION; ADDITIONAL DUTIES

Minnesota Statutes

§ 356A.08 — PLAN ADMINISTRATION; ADDITIONAL DUTIES

Minnesota § 356A.08

PartRETIREMENT

Ch. 356APUBLIC PENSION FIDUCIARY RESPONSIBILITY

This text of Minnesota § 356A.08 (PLAN ADMINISTRATION; ADDITIONAL DUTIES) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 356A.08 (2026).

Text

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.

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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.