California § 22259. 22259. (Amended by Stats. 1996, Ch. 634, Sec. 62.)

California Statutes

§ 22259. — 22259. (Amended by Stats. 1996, Ch. 634, Sec. 62.)

California § 22259.

JurisdictionCalifornia

Code EDCEducation Code - EDC

Div.1.

Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS

Part 13.PART 13. STATE TEACHERS' RETIREMENT SYSTEM

Ch. 4.CHAPTER 4. Fiduciary Duties

This text of California § 22259. (22259. (Amended by Stats. 1996, Ch. 634, Sec. 62.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Education Code - EDC Code § 22259. (2026).

Text

(a)All board members and officers and employees of the system shall execute a fidelity bond, in an amount determined by the board to be prudent, conditioned upon the faithful performance of the duties of the board member or employee.

(b)All board members and officers and all staff of the investment division who are authorized to invest funds shall be covered with fiduciary liability insurance in an amount determined by the board to be prudent.

Free access — add to your briefcase to read the full text and ask questions with AI

(a)
All board members and officers and employees of the system shall execute a fidelity bond, in an amount determined by the board to be prudent, conditioned upon the faithful performance of the duties of the board member or employee.
(b)
All board members and officers and all staff of the investment division who are authorized to invest funds shall be covered with fiduciary liability insurance in an amount determined by the board to be prudent.

Legislative History

Amended by Stats. 1996, Ch. 634, Sec. 62. Effective January 1, 1997.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

California § 22259., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/22259..