State Codes and Statutes
Statutes > Maryland > State-personnel-and-pensions > Title-35 > Subtitle-3 > 35-301§ 35-301. Fiduciary.
(a) "Fiduciary" defined.- 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) Duties and responsibilities.- A fiduciary is subject to the duties and responsibilities imposed on fiduciaries by Title 21, Subtitle 2 of this article.
(c) Indemnification and insurance.- A fiduciary is entitled to indemnification and insurance as provided under § 21-207 of this article.
[An. Code 1957, art. 73C, § 8; 1994, ch. 6, § 2.]
