§ 35–301
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Pers. & Pens. § 35-301 (2026)
Title 35. Supplemental Retirement Plans
Subtitle 3. Fiduciaries and Investments
§ 35–301LinkCopy Citation
(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.