Each of the employer and the plan-trustee and the Plan Administrator and the agent and each issuer and any person serving under contract or otherwise with respect to the plan shall not be obligated to incur any cost to defend against or set aside any judgment, decree or order relating to the division, attachment, garnishment or execution of or levy upon the participant’s plan account or any distribution, including (but not limited to) any order in any bankruptcy proceeding of any kind. Notwithstanding the foregoing, if any such person is joined in any proceeding, the party may take such action as it considers necessary or appropriate to protect any and all of its legal rights, and the participant (or beneficiary) shall reimburse all actual fees of lawyers and legal assistants and expenses reasonably incurred by such party.
(Ord. NIRC 97-1, passed 1-15-1997)