Any issuer shall not be liable in acting according to any instruction, if in writing or otherwise reasonably believed to be genuine, of its contract owner or other person that has the right to give instructions under the terms of the investment, and shall not be required to question (unless otherwise provided by the applicable investment) any action or inaction so instructed. The issuer shall not be required to take or permit any action or allow any benefit or privilege contrary to the terms of any investment which it may issue regarding the plan.
(Ord. NIRC 97-1, passed 1-15-1997)