Md. Code, State Personnel and Pensions § 21-202
Md. Code, State Personnel and Pensions § 21-202
in effectThe 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsp§ion=21-202&enactments=falseFetched: 10/17/2026
