Section 21-201 - Definitions.
§ 21-201. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
(b) Fiduciary.- "Fiduciary" means:
(1) a member of the Board of Trustees;
(2) a member of the Investment Committee; or
(3) an employee of the State Retirement Agency who exercises any discretionary authority or control over:
(i) the management or administration of the several systems; or
(ii) the management or disposition of the assets of the several systems.
(c) Several systems.- "Several systems" includes the optional retirement program to the extent that the Board of Trustees administers the program under Title 30 of this article.
[An. Code 1957, art. 73B, § 1-201; 1994, ch. 6, § 2.]