Section 21-301 - Funds of several systems.
§ 21-301. Funds of several systems.
(a) Established.- In each State system, there is:
(1) an accumulation fund;
(2) an annuity savings fund; and
(3) an expense fund.
(b) Credits to the funds.- The Board of Trustees shall credit the assets of each State system to the appropriate fund of the State system according to the purpose for which the assets are held.
[An. Code 1957, art. 73B, § 1-301; 1994, ch. 6, § 2.]