Statute · California Public Utilities Code
Cal. Pub. Util. Code § 12365.6 — Retirement Board
Cal. Pub. Util. Code § 12365.6
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In addition to such other investments that are authorized by this article, the retirement board may, in its discretion, invest the assets of the retirement fund in deeds of trust and mortgages. Investments made under this section shall not exceed, in the aggregate, an amount equal to 25 percent…
Citator
Cal. Pub. Util. Code § 12365.6 — Retirement Board is in force in the current edition of the Code, and nothing recorded condemns it.
In addition to such other investments that are authorized by this article, the retirement board may, in its discretion, invest the assets of the retirement fund in deeds of trust and mortgages. Investments made under this section shall not exceed, in the aggregate, an amount equal to 25 percent of the assets of the system.