Maryland § 37-205
Full text of Maryland Maryland Code § 37-205, with citation guidance and answers to common questions.
§ 37-205.
(a) If a member of a State or local retirement or pension system transfers to another State or local retirement or pension system because of an involuntary transfer of the member’s unit to another employer, all the employer contributions on behalf of the member and interest on those contributions shall be transferred to the new system.
(b) (1) The amount to be transferred to the new system under subsection (a) of this section shall be determined by actuarial valuation.
(2) The cost of the valuation shall be shared equally by the previous system and the new system.
Frequently Asked Questions About Maryland § 37-205
What does Maryland Code § 37-205 cover?
Section 37-205 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 37-205?
A common citation format is "Maryland Code § 37-205" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 37-205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.