N.D. Admin Code 12.5-04-01-02 - Plan administration and management

Current through Supplement No. 384, April, 2022

The Bank of North Dakota chief executive officer shall appoint a plan director. The plan director shall monitor the Achieving a Better Life Experience (ABLE) Act and related legislation for national legislative changes and policy and rule changes by the Internal Revenue Service, department of treasury, and other rulemaking bodies. The administrator shall periodically inform the Bank of North Dakota chief executive officer or executive committee of legislative changes and shifts in policy or rules that may impact qualified ABLE plans. The plan director shall serve until removed by the chief executive officer.

Notes

N.D. Admin Code 12.5-04-01-02
Effective June 20, 2016.

General Authority: NDCC 6-09-38.1

Law Implemented: NDCC 6-09-38.1

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