NDAC 12.5-04-01-02
Plan administration and management
Cite as N.D. Admin. Code ยง 12.5-04-01-02
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.