Statute · California Education Code
Cal. Educ. Code § 22261 — Fiduciary Duties
Cal. Educ. Code § 22261
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2003-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding any other provision of law, the board may make investments related to the planning, development, or acquisition of surplus real property owned by an employer, if the investment satisfies the requirements of Section 22250 and does not constitute a prohibited transaction for…
Citator
Cal. Educ. Code § 22261 — Fiduciary Duties is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding any other provision of law, the board may make investments related to the planning, development, or acquisition of surplus real property owned by an employer, if the investment satisfies the requirements of Section 22250 and does not constitute a prohibited transaction for purposes of Section 503 of the Internal Revenue Code.