The plan-trustee must defend the plan-trust in any action at law or in equity that asserts or alleges that the plan-trust is not a valid entity or is in any other way illegal or void or voidable. The plan-trustee is entitled to pay from or be reimbursed by the plan-trust assets all of his, her or its actual expenses incurred relating to the defense of the plan-trust.
(Ord. NIRC 97-1, passed 1-15-1997)