§87D-5.5 - Employee organization; annual report.

     [§87D-5.5  Employee organization; annual report.]  Any employee organization that establishes a voluntary employees' beneficiary association trust in March, 2006 and pursuant to this [chapter] shall submit a report to the legislature on the status of the trust no later than one hundred fifty days after two full plan years of the trust's implementation, and annually thereafter.  A plan year is defined as the twelve-month period from July 1 through June 30. [L 2007, c 294, §3]