{"data":{"id":"us-md/md.-code-state-personnel-and-pensions-21-206","jurisdiction":"us-md","citation":"Md. Code, State Personnel and Pensions § 21–206","heading":"","body":"(a) Subject to § 21-207 of this subtitle, a fiduciary who breaches any of the responsibilities, obligations, or duties imposed on a fiduciary by this subtitle:\n(1) is personally liable to the several systems for any losses to the several systems resulting from a breach;\n(2) shall restore to the several systems any profits of the fiduciary made through use of assets of the several systems by the fiduciary; and\n(3) is subject to any equitable or remedial relief, including removal of the fiduciary, that a court considers appropriate.\n(b) A fiduciary is not liable with respect to a breach of fiduciary duty under this subtitle if the breach was committed:\n(1) before the fiduciary became a fiduciary; or\n(2) after the fiduciary ceased to be a fiduciary.","path":["Article - State Personnel and Pensions"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsp\u0026section=21-206","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:01:07Z","sha256":"22e4c46728bf4be704b9bbb1fb0939db7ebc951b3c82149d704e8831dca7095f","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-personnel-and-pensions-21-205","next":"us-md/md.-code-state-personnel-and-pensions-21-207"},"notice":"GroundRules: Original legal text. Not legal advice."}