1.1.................... moves to amend H.F. No. 2546 as follows:
1.2Page 111, line 4, delete "
153" and insert "
23"
1.3Page 119, delete section 19 and insert:
1.4 "Sec. 19. Minnesota Statutes 2012, section 424B.12, subdivision 2, is amended to read:
1.5 Subd. 2.
Benefit plan. The articles of incorporation or bylaws of the successor
1.6relief association must specify whether the relief association is a defined benefit relief
1.7association or whether the relief association is a defined contribution relief association. If
1.8the successor relief association is a defined benefit relief association, the relief association
1.9benefits must comply with sections
424A.02 and
424B.11, subdivision 1a 424B.10. If
1.10the successor relief association is a defined contribution relief association, the relief
1.11association must comply with sections
424A.016 and
424B.12 424B.11, subdivision 2."