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.]