(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 2 of this article.
- (c) A fiduciary is entitled to indemnification and insurance as provided under § 21-207 of this article.
Added by Acts 1994, c. 6, § 2, eff. Oct. 1, 1994.
Formerly Art. 73C, § 8.