Statute · California Government Code
Cal. Gov't Code § 22960.67 — Participant Accounts
Cal. Gov't Code § 22960.67
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1998-09-25
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The net earnings of the fund shall be allocated to the participant’s account as of each valuation date in the ratio that the participant’s account balance bears to the aggregate of all participants’ account balances.
Citator
Cal. Gov't Code § 22960.67 — Participant Accounts is in force in the current edition of the Code, and nothing recorded condemns it.
The net earnings of the fund shall be allocated to the participant’s account as of each valuation date in the ratio that the participant’s account balance bears to the aggregate of all participants’ account balances.