Statute · California Public Utilities Code
Cal. Pub. Util. Code § 12303 — Establishment
Cal. Pub. Util. Code § 12303
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Before establishing any retirement system the board shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by the system, and the prospective assets and liabilities of the system.
Citator
Cal. Pub. Util. Code § 12303 — Establishment is in force in the current edition of the Code, and nothing recorded condemns it.
Before establishing any retirement system the board shall secure a report from a qualified actuary, which shall show the cost of the benefits provided by the system, and the prospective assets and liabilities of the system.