California Statutes
§ 22261. — 22261. (Added by Stats. 2002, Ch. 903, Sec. 1.)
California·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
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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California § 22261. (22261. (Added by Stats. 2002, Ch. 903, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 903, Sec. 1. Effective January 1, 2003.