Plain Text Law

§ 30–206

Statutes in effect as of October 1, 2026.

Md. Code Ann., State Pers. & Pens. § 30-206 (2026)
Title 30. Optional Retirement Program
Subtitle 2. Optional Retirement Program

§ 30–206Copy Citation

In accordance with § 403(b) of the Internal Revenue Code, a participating employee’s rights to benefits under an annuity contract purchased under the program shall be fully vested and nonforfeitable.