Statute · California Government Code

Cal. Gov't Code § 20191.5 — Investments

Cal. Gov't Code § 20191.5

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1999-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) All investment transaction decisions made during a closed session pursuant to paragraph (16) of subdivision (c) of Section 11126 shall be by rollcall vote entered into the minutes of that meeting.

Citator

Cal. Gov't Code § 20191.5 — Investments is in force in the current edition of the Code, and nothing recorded condemns it.

(a) All investment transaction decisions made during a closed session pursuant to paragraph (16) of subdivision (c) of Section 11126 shall be by rollcall vote entered into the minutes of that meeting.

(b) The board, within 12 months of the close of an investment transaction or the transfer of system assets for an investment transaction, whichever occurs first, shall disclose and report the investment at a public meeting.