Maryland Statutes
§ 21-205
Maryland § 21-205
This text of Maryland § 21-205 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., State Personnel and Pensions § 21-205 (2026).
Text
In exercising authority, control, or discretion with respect to the several systems, a fiduciary may not:
(1)use the assets of the several systems for the fiduciary's own interest or account;
(2)act in a transaction involving the several systems on behalf of a person, or represent a person, if the interests of the person are adverse to the interests of the several systems or the interests of participants;
(3)receive any consideration for the fiduciary's own account from a person dealing with the several systems in connection with a transaction involving the assets of the several systems; or
(4)become an endorser or surety or, in any manner, an obligor, for money lent to or borrowed from the Board of Trustees.
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Bluebook (online)
Maryland § 21-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gsp/21-205.