North Dakota Code 54-52.2-07 – Liability under deferred compensation program
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The financial liability of the state, county, city, or other political subdivision under a deferred compensation program is limited in each instance to the value of the employee’s deferred compensation account, and the state, county, city, or other political subdivision is not responsible for any loss which may result from investment of the deferred compensation under the deferred compensation program.
Terms Used In North Dakota Code 54-52.2-07
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49