NDAC 71-08-01-08
Transfer of funds
Cite as N.D. Admin. Code § 71-08-01-08
Pursuant to subdivision a of subsection 4 of North Dakota Century Code section 15-10-17, funds
may be transferred on behalf of those persons who are eligible through their employment with the state
board of higher education. The following requirements apply:
1.
Applicant must file a completed application for the teachers' insurance and annuity association
of America - college retirement equities fund.
2.
Notice of termination and verification of teachers' insurance and annuity association of
America - college retirement equities fund eligibility must be filed by either the applicant or
appropriate payroll officer.
3.
A participating member is eligible to transfer that person's accumulated balance in the plan
upon becoming a former participating member.