Section 35-301 – Fiduciary
(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 […]
Section 35-302 – Restrictions on Investments
(a) Assets of the supplemental retirement plans may be deposited and invested in accordance with the investment elections allowed under the supplemental retirement plans as selected and determined by the Board in accordance with the statements of investment policy adopted by the Board from time to time notwithstanding any other law limiting the types of investments […]