§ 32.022 REASONABLE FREQUENCY.
   The Plan Administrator and each investment may, but only on a uniform and consistent basis, impose reasonable restrictions on the frequency with which all investors may give investment directions. In addition to (and not by limitation upon) such restrictions, the investor cannot give more than one investment direction in any valuation period and the latest investment direction in a valuation period cancels all earlier inconsistent investment directions in that valuation period.
(Ord. NIRC 97-1, passed 1-15-1997)