§ 21-202
32 words·~1 min read·
/md/state-personnel-and-pensions/21-202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§21–202.
The Board of Trustees shall hold the assets of each of the several systems for the exclusive purposes of providing:
(1)benefits to participants; and
(2)for reasonable expenses of administration.