§ 30-401 Establishment; selection of companies; contributions; assets; indemnification

Terms Used In Maryland Code > STATE PERSONNEL AND PENSIONS > Division II > Title 30 > Subtitle 4 - Supplemental Retirement Plans

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • including: means includes or including by way of illustration and not by way of limitation. See
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
  • Statute: A law passed by a legislature.