Minnesota § 354.105 - PAYMENTS USING PRETAX TRANSFERS
Full text of Minnesota Minnesota Statutes § 354.105 — PAYMENTS USING PRETAX TRANSFERS, with citation guidance and answers to common questions.
§ 354.105. PAYMENTS USING PRETAX TRANSFERS
If a current or past member is making a payment to the Teachers Retirement Association to receive service credit under a provision of this chapter, chapter 356, or applicable special law, and this payment is to be made by a transfer of pretax assets authorized under section 356.441, payment is authorized after the due date, but not to exceed 90 days, provided that the authorization for the asset transfer has been received by the applicable third-party administrator by the due date, and the payment must include interest at the applicable monthly rate or rates specified in section 356.59, subdivision 4, compounded annually, from the due date through the end of the month in which the Teachers Retirement Association receives the payment.
History:
2007 c 134 art 2 s 36; 1Sp2019 c 8 art 8 s 10
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 354.105
What does Minnesota Statutes § 354.105 cover?
Section 354.105 ("PAYMENTS USING PRETAX TRANSFERS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 354.105?
A common citation format is "Minnesota Statutes § 354.105" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 354.105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.