MD FAMILY-LAW 8-205

Maryland Family Law Code Section 8-205 (2023) - Marital Property -- Award (a) (1) Subject to the provisions of subsection (b) of this section, after the court determines which property is marital property, and the value of the marital property, the court may transfer ownership of an interest in property described in paragraph (2) of this subsection, grant a monetary award, or both, as an adjustment of the equities and rights of the parties concerning marital property, whether or not alimony is awarded. (2) The court may transfer ownership of an interest in: (i) a pension, retirement, profit sharing, or deferred compensation plan, from one party to either or both parties; (ii) subject to the consent of any lienholders, family use personal property, from one or both parties to either or bot...