North Dakota Statutes

§ 54-52.6-05 — Direction of investments

North Dakota § 54-52.6-05
JurisdictionNorth Dakota
Title 54State Government
Ch. 54-52.6Defined Contribution Retirement Plan

This text of North Dakota § 54-52.6-05 (Direction of investments) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 54-52.6-05 (2026).

Text

1.Each participating member shall direct the investment of the individual's accumulated employer and employee contributions and earnings to one or more investment choices within available categories of investment provided by the board.
2.The board shall provide an investment menu of investment options. In establishing the investment options, the board shall:
a.Include predetermined investment portfolio options constructed to reflect different risk profiles that automatically reallocate and rebalance contributions as a participating member ages.
b.Allow a participating member to construct an investment portfolio using some or all of the investment options.
3.The board shall provide a diversified menu of investment solutions and lifetime annuity options that may include in-plan and out-

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Bluebook (online)
North Dakota § 54-52.6-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/54-52.6-05.