Statute · California Government Code

Cal. Gov't Code § 50973 — Termination and Limitations

Cal. Gov't Code § 50973

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2008-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The board may provide that an award under this chapter shall not be payable, or begin to accrue, until the board establishes, by appropriate resolution, that the fund contains sufficient net assets to make the payments provided by this chapter based upon an actuarial reserve basis.

Citator

Cal. Gov't Code § 50973 — Termination and Limitations is in force in the current edition of the Code, and nothing recorded condemns it.

The board may provide that an award under this chapter shall not be payable, or begin to accrue, until the board establishes, by appropriate resolution, that the fund contains sufficient net assets to make the payments provided by this chapter based upon an actuarial reserve basis.