There Is a Newer Version
of
the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 68: INDIVIDUAL RETIREMENT ACCOUNT AND SIMPLIFIED EMPLOYEE PENSION PLANS FOR PUBLIC EMPLOYEES
5 §894. Liability limited
Universal Citation:
5 ME Rev Stat § 894 (2012 through 125th Legis)
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Part 2: CIVIL SERVICE
§894. Liability limited
The State, any county, municipality or other political subdivision which transfers employee compensation to an individual retirement account shall have no liability for the funds once a proper transfer has been made. [1983, c. 791, §2 (NEW).]
SECTION HISTORY
1983, c. 791, §2 (NEW).
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