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Section 35-301 - Fiduciary — Maryland Law | CourtGPT
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  2. Laws/
  3. Maryland/
  4. State Personnel and Pensions/
  5. Division III - Other Retirement and Pension Provisions/
  6. Title 35 - Supplemental Retirement Plans/
  7. Subtitle 3 - Fiduciaries and Investments/
  8. Section 35-301 - Fiduciary
Maryland Legal Code

Section 35-301 - Fiduciary

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(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.