Section 21-202 - Purposes of assets of system.

§ 21-202. Purposes of assets of system.
 

The Board of Trustees shall hold the assets of each of the several systems for the exclusive purposes of providing: 

(1) benefits to participants; and 

(2) for reasonable expenses of administration. 
 

[An. Code 1957, art. 73B, § 1-202; 1994, ch. 6, § 2.]