Statute · California Government Code
Cal. Gov't Code § 50957 — Administration, Award System, and Membership
Cal. Gov't Code § 50957
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2008-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The custodian of the fund shall be subject to the exclusive control of the board to administer and invest the assets of the fund. The assets in the fund shall be used to pay the costs of administration and for the payment of awards under this chapter.
Citator
Cal. Gov't Code § 50957 — Administration, Award System, and Membership is in force in the current edition of the Code, and nothing recorded condemns it.
The custodian of the fund shall be subject to the exclusive control of the board to administer and invest the assets of the fund. The assets in the fund shall be used to pay the costs of administration and for the payment of awards under this chapter.