§ 35-301
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/md/state-personnel-and-pensions/35-301·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§35–301.
(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.