Maryland Statutes
§ 31-305
Maryland § 31-305
This text of Maryland § 31-305 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 § 31-305 (2026).
Text
(a)As of the effective date of withdrawal of a participating governmental unit, the Board of Trustees shall transfer to the administrative board of the local pension system or new State system the portion of the assets that are allocable to the withdrawn employees as determined under § 21–305.5, § 21–305.6, § 21–306, § 21–306.1, or § 21–306.2 of this article.
(b)The administrative board of the local pension system or new State system shall hold the transferred assets in trust to provide retirement benefits for the withdrawn employees.
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Nearby Sections
15
§ 31-101
§ 31-101§ 31-102
§ 31-102§ 31-103
§ 31-103§ 31-104
§ 31-104§ 31-105
§ 31-105§ 31-106
§ 31-106§ 31-106.1
§ 31-106.1§ 31-106.2
§ 31-106.2§ 31-107
§ 31-107§ 31-108
§ 31-108§ 31-109
§ 31-109§ 31-109.1
§ 31-109.1§ 31-110
§ 31-110§ 31-111
§ 31-111§ 31-111.1
§ 31-111.1Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 31-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gsp/31-305.