Source: https://www.revisor.mn.gov/statutes/2011/cite/354A.021
Timestamp: 2019-09-17 03:21:29
Document Index: 679469434

Matched Legal Cases: ['art 6', 'art 6', 'art 8', 'art 3', 'art 10', 'art 7', 'art 7', 'art 11', 'art 8', 'art 6', 'art 1', 'art 8', 'art 7', 'art 10', 'art 3']

﻿ Sec. 354A.021 MN Statutes
Section 354A.021
354A.02 354A.023
2014 Subd. 1 Amended 2014 c 296 art 6 s 14
2014 Subd. 5 Repealed 2014 c 296 art 6 s 48
2013 Subd. 2 Amended 2013 c 111 art 8 s 5
2006 Subd. 1 Amended 2006 c 277 art 3 s 13
2005 Subd. 5 Amended 2005 c 8 art 10 s 61
2005 Subd. 9 New 2005 c 8 art 7 s 1
2004 Subd. 7 Amended 2004 c 223 s 5
354A.021 TEACHERS RETIREMENT FUND ASSOCIATIONS IN CITIES OF THE FIRST CLASS.
There is established a teachers retirement fund association in each of the cities of Duluth and St. Paul. The associations shall be known respectively as the "Duluth Teachers Retirement Fund Association" and the "St. Paul Teachers Retirement Fund Association." Each association shall be a continuation of the teachers retirement fund association with the same corporate name established pursuant to the authorization contained in Laws 1909, chapter 343, section 1.
Each teachers retirement fund association shall be organized and governed pursuant to this chapter and chapter 317A, except that each association shall be deemed to be a nonprofit corporation without coming within the definition in section 317A.011, subdivision 6. Any corporate action of any teachers retirement fund association taken prior to April 9, 1976, shall be deemed to be valid if it conformed with Minnesota Statutes 1976, chapter 317 or 354A, or Revised Laws 1905, chapter 58, as amended through April 9, 1976.
Subd. 5.Tax-sheltered annuity program and fund.
A teachers retirement fund association may establish a tax-sheltered annuity program and fund meeting the requirements of section 403(b) of the Internal Revenue Code of 1986, as amended, which must include all assets which were acquired for the specific purpose of being credited to the program and fund and to which must be credited all employee contributions and employer contributions, if negotiated under a collective bargaining agreement, designated for this purpose and all interest income attributable to the assets of the program and fund.
(f) If a first class city teacher retirement fund association makes an updated copy of its articles of incorporation and bylaws available on its Web site, the retirement fund association is not obligated to file a hard copy of the documents under paragraph (d) for the applicable filing period.
1979 c 217 s 2; 1983 c 286 s 10; 1987 c 259 s 48; 1987 c 284 art 7 s 1; 1987 c 372 art 11 s 1; 1989 c 304 s 135; 1989 c 319 art 8 s 18; 1990 c 488 s 43; 1992 c 598 art 6 s 11; 1993 c 336 art 1 s 2; 1993 c 375 art 8 s 14; 2004 c 223 s 5; 1Sp2005 c 8 art 7 s 1; art 10 s 61; 2006 c 277 art 3 s 13