356A.08 PLAN ADMINISTRATION; ADDITIONAL DUTIES.
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/mn/chapter-356/356a-08A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
356A.08 PLAN ADMINISTRATION; ADDITIONAL DUTIES.
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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.
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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.