Maine Statutes
§ 5 §175 — Protection from liability
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 1 STATE DEPARTMENTS·Ch. 7-A MAINE RETIREMENT SAVINGS BOARD
1.Employer protection from liability.
A covered employer or other employer is not and may not be considered a fiduciary in relation to the program or enterprise fund or any other arrangement under the program. A covered employer or other employer is not and may not be liable for and does not and may not bear responsibility for:
2.Protection for the State and others.
The State, the board, each member of the board or other state official and any other state board, commission or agency, and any member, officer or employee of any of these entities, and the program:
3.Debts, contracts and obligations.
The debts, contracts and obligations of the program or the board are not the debts, contracts and obligations of the State, and the faith and credit or the taxing power of the State is not pled
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Legislative History
PL 2021, c. 356, §1 (NEW).
Nearby Sections
15
§ 5 §10
Payment of wages§ 5 §10001
Adjudicatory proceedings§ 5 §10002
Expiration§ 5 §10003
Right to Hearing§ 5 §10004
Action without hearing§ 5 §10005
Decision and record§ 5 §1001
Definitions§ 5 §1002
Name and date of establishment§ 5 §1004
Protection against fraud§ 5 §1005
Proposed amendments§ 5 §1006
Mandatory retirement age prohibited§ 5 §1007
Report to the Legislature