{"data":{"id":"us-nd/n.d.-cent.-code-54-52.2-03.4","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 54-52.2-03.4","heading":"Administrative expenses - Continuing appropriation","body":"1.A participating member shall pay the administrative expenses of the plan in a manner determined by the board. The board:\na.Or a vendor retained by the board, may charge reasonable administrative expenses and deduct those expenses from a participating member's account in the deferred compensation plan established under this chapter.\nb.May pay the administrative expenses of the plan from fines and fees collected from a vendor in a manner determined by the board.\nc.Shall deposit vendor fines and fees and any money deducted from a participating member's account in an administrative expenses account with the state treasurer.\nd.May use funds from the payroll clearing account established under section 54-52.3-03 and the administrative expenses account to pay for consulting expenses.\n2.All money in the payroll clearing account and the administrative expenses account are appropriated to the board on a continuing basis for the purpose of retaining a consultant as required for the administration of this chapter.","path":["Title 54 State Government","Chapter 54-52.2 Deferred Compensation Plan For Public Employees"],"source_url":"https://ndlegis.gov/cencode/t54c52-2.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"7716a45c20741ab6342333e5e7f9becb706dc55101c18cac02ca640fa52b10f7","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-54-52.2-03.3","next":"us-nd/n.d.-cent.-code-54-52.2-04"},"notice":"GroundRules: Original legal text. Not legal advice."}