(a) An employer may not be held liable for: (1) an employee's decision to participate in or opt out of the Program; (2) the investment decisions of employees whose assets are deposited in the Program; (3) the administration, investment, or investment performance of the Trust or the Program; or (4) the Program design or the benefits paid to Program participants. (b) An employer is not a fiduciary, and may not be considered to be a fiduciary, of the Trust or the Program.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.