Md. Code, State Pers. & Pens. § 35-301

Current with changes from the 2024 Legislative Session
Section 35-301 - Fiduciary
(a) In this section, "fiduciary" means a person with discretionary authority or control over:
(1) the management or administration of any of the supplemental retirement plans; or
(2) the management or disposition of the assets of any of the supplemental retirement plans.
(b) A fiduciary is subject to the duties and responsibilities imposed on fiduciaries by Title 21, Subtitle 2 of this article.
(c) A fiduciary is entitled to indemnification and insurance as provided under § 21-207 of this article.

Md. Code, SPP § 35-301