{"data":{"id":"us-md/md.-code-state-personnel-and-pensions-21-205","jurisdiction":"us-md","citation":"Md. Code, State Personnel and Pensions § 21–205","heading":"","body":"In exercising authority, control, or discretion with respect to the several systems, a fiduciary may not:\n(1) use the assets of the several systems for the fiduciary's own interest or account;\n(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;\n(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\n(4) become an endorser or surety or, in any manner, an obligor, for money lent to or borrowed from the Board of Trustees.","path":["Article - State Personnel and Pensions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsp\u0026section=21-205","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:07Z","sha256":"a383fd9d07b8c04f8226f1f7dda3a80fc6d4f00acf80c4fbd9834dea095efc40","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-personnel-and-pensions-21-204","next":"us-md/md.-code-state-personnel-and-pensions-21-206"},"notice":"GroundRules: Original legal text. Not legal advice."}
