Statute · California Government Code

Cal. Gov't Code § 16649.93 — Prohibited Business Arrangements

Cal. Gov't Code § 16649.93

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1993-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Present, future, and former Regents of the University of California, jointly and individually, officers and employees of the University of California, and investment managers under contract with the University of California shall be indemnified from the General Fund by the State of California…

Citator

Cal. Gov't Code § 16649.93 — Prohibited Business Arrangements is in force in the current edition of the Code, and nothing recorded condemns it.

Present, future, and former Regents of the University of California, jointly and individually, officers and employees of the University of California, and investment managers under contract with the University of California shall be indemnified from the General Fund by the State of California from all claims, demands, suits, actions, damages, judgments, costs, charges, and expenses, including court costs and attorney’s fees and against all liability, losses, and damages of any nature whatsoever that these present, future, or former regents, officers, employees, or contract investment managers shall or may at any time sustain by reason of any decision to restrict, reduce, or eliminate university investments pursuant to this chapter.