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Maryland Code, Labor and Employment § 12-502

Current as of January 01, 2025 | Updated by Findlaw Staff

Payment of retirement savings benefit

(a) The State may not be held liable for the payment of the retirement savings benefit earned by Program participants in accordance with this title.

Debts, contracts, and obligations of the Board, Trust, or the Program

(b) The debts, contracts, and obligations of the Board, Trust, or the Program are not the debts, contracts, and obligations of the State and neither the faith and credit nor the taxing power of the State is pledged directly or indirectly to the payment of the debts, contracts, and obligations.

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Cite this article: FindLaw.com - Maryland Code, Labor and Employment § 12-502 - last updated January 01, 2025 | https://codes.findlaw.com/md/labor-and-employment/md-code-labor-and-emply-sect-12-502/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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