§ 21-202. Purposes of assets of system

Latest version.

   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.

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

                    
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