Statute · California Education Code

Cal. Educ. Code § 22359 — Investments

Cal. Educ. Code § 22359

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
1994-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Notwithstanding any other provision of law, the board may retain a bank or trust company to serve as custodian for safekeeping, delivery, securities valuation, investment performance reporting, and other services in connection with investment of the retirement fund.

Citator

Cal. Educ. Code § 22359 — Investments is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of law, the board may retain a bank or trust company to serve as custodian for safekeeping, delivery, securities valuation, investment performance reporting, and other services in connection with investment of the retirement fund.