HARRY HUGHES, Governor
2921
8-202.
(a) (3) [The] EXCEPT AS PROVIDED IN § 8-205 OF THIS
SUBTITLE, THE court may not transfer the ownership of personal
or real property from 1 party to the other.
8-205.
(a) [After] 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 A PENSION,
RETIREMENT, PROFIT SHARING, OR DEFERRED COMPENSATION PLAN FROM 1
PARTY TO EITHER OR BOTH PARTIES, 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.
(B) The court shall determine the amount and the method of
payment of a monetary award, OR THE TERMS OF THE TRANSFER OF THE
INTEREST IN THE PENSION, RETIREMENT, PROFIT SHARING, OR DEFERRED
COMPENSATION PLAN, OR BOTH, after considering each of the
following factors:
(1) the contributions, monetary and nonmonetary, of
each party to the well-being of the family;
party;
(2) the value of all property interests of each
(3) the economic circumstances of each party at the
time the award is to be made;
(4) the circumstances that contributed to the
estrangement of the parties;
(5) the duration of the marriage;
(6) the age of each party;
(7) the physical and mental condition of each party;
(8) how and when specific marital property OR
INTEREST IN THE PENSION, RETIREMENT, PROFIT SHARING, OR DEFERRED
COMPENSATION PLAN, was acquired, including the effort expended by
each party in accumulating the marital property OR THE INTEREST
IN THE PENSION, RETIREMENT, PROFIT SHARING, OR DEFERRED
COMPENSATION PLAN, OR BOTH;
(9) any award of alimony and any award or other
provision that the court has made with respect to family use
personal property or the family home; and
(10) any other factor that the court considers
necessary or appropriate to consider in order to arrive at a fair
and equitable monetary award OR TRANSFER OF AN INTEREST IN THE
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