§ 12-401 Program established
§ 12-402 Payroll deposit retirement savings arrangement
§ 12-403 Opting in and out; termination of participation; contribution rates; status of contributions
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Terms Used In Maryland Code > LABOR AND EMPLOYMENT > Title 12 > Subtitle 4 - Maryland Small Business Retirement Savings Program

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fiduciary: A trustee, executor, or administrator.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See