Maryland Code § SP-35-301

Section SP-35-301
Open in Lexace · Ask the AI about this section
(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.

‹ 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.