North Dakota Administrative Code
Title 12.5 - Bank of North Dakota
Article 12.5-04 - North Dakota Achieving a Better Life Experience Plan
Chapter 12.5-04-01 - North Dakota Achieving a Better Life Experience Plan
Section 12.5-04-01-02 - Plan administration and management
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.
General Authority: NDCC 6-09-38.1
Law Implemented: NDCC 6-09-38.1