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<br />. Minnesota Statutes 2000, 356.24 <br /> <br />Subd. 1a. Repealed, 2000 c 461 art 13 s 4 <br /> <br />Subd. lb. Vendor restrictions. A personnel policy <br />for unrepresented employees or a collective bargaining agreement <br />or a school board may establish limits on the number of vendors <br />that it will utilize and conditions under which the vendors may <br />contact employees both during working hours and after working <br />hours. <br /> <br />Subd. Ie. state board of investment review. Any <br />insurance company, mutual fund company, or similar company <br />providing investments eligible under section 403(b) of the <br />Internal Revenue Code and eligible to receive employer <br />contributions under this section may request the state board of <br />investment, in conjunction with the department of commerce, to <br />review the financial standing of the company, the <br />competitiveness of its investment options and returns, and the <br />level of all charges and fees impacting those returns. The <br />state board of investment may establish a fee for each review. <br />The state board of investment must maintain and have available a <br />list of all reviewed companies. In reviewing companies under <br />this section, the state board of investment must not be <br />considered to be acting as a fiduciary or to be engaged in a <br />fiduciary activity under chapter 356A or common law. <br /> <br />Subd. 2. Limit on certain contributions or benefit <br />changes. No change in benefits or employer contributions in a <br />supplemental pension plan to which this section applies after <br />May 6, 1971, is effective without prior legislative <br />authorization. <br /> <br />HIST: 1971 c 222 s 1; 1980 c 600 s 7; 1981 c 224 s 172; 1988 c <br />605 s 9; 1988 c 709 art 11 s 6; 1989 c 319 art 12 s 3; 1992 c <br />464 art 1 s 42; 1992 c 487 s 4; 1993 c 192 s 90; 1993 c 239 art <br />3 s 1; 1993 c 300 s 12; 1995 c 141 art 3 s 16; art 4 s 7; 1995 c <br />212 art 4 s 64; 1999 c 222 art 18 s 1; 2000 c 461 art 12 s 15; <br />art 13 s 1-3 <br /> <br />Copyright 2000 by the Office of Revisor of Statutes, State of Minnesota. <br /> <br />http://www.revisor.leg.state.mn.us/stats/3 56/24 .html <br /> <br />Page 20f2 <br /> <br />9/26/01 <br />