152. Subject to such limitations or prohibitions as may be set out in the pension plan, the pension committee may delegate all or part of its powers, except those conferred by sections 243.3 and 243.7, or be represented by a third person for a specific act.
To such extent as is permitted by the instrument of delegation, the person or body to whom or which the pension committee has delegated powers may subdelegate all or part of such powers.
1989, c. 38, s. 152; 2000, c. 41, s. 88.