Home/California/Statutes/Code EDC: Education 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/§ 22261.
California Statutes

§ 22261. — 22261. (Added by Stats. 2002, Ch. 903, Sec. 1.)

California § 22261.
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 § 22261. (22261. (Added by Stats. 2002, Ch. 903, Sec. 1.)) 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 § 22261. (2026).

Text

Notwithstanding any other provision of law, the board may make investments related to the planning, development, or acquisition of surplus real property owned by an employer, if the investment satisfies the requirements of Section 22250 and does not constitute a prohibited transaction for purposes of Section 503 of the Internal Revenue Code.

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Legislative History

Added by Stats. 2002, Ch. 903, Sec. 1. Effective January 1, 2003.
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California § 22261., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/22261..