PUBLIC OFFICERS AND EMPLOYEES
PUBLIC EMPLOYEES DEFERRED COMPENSATION PLAN
101-B:7 Financial Liability of State, Etc.
The financial liability of the state, county, city, town or other political subdivision under a deferred compensation program shall be limited to the value of the particular fixed or variable life insurance or annuity contract or contracts purchased on behalf of any employee.
Source. 1977, 264:20, eff. Aug. 21, 1977.