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. 5.: CHAPTER 5. Administration/§ 22321.
California Statutes

§ 22321. — 22321. (Amended by Stats. 1996, Ch. 634, first Sec. 81.)

California § 22321.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 13.PART 13. STATE TEACHERS' RETIREMENT SYSTEM
Ch. 5.CHAPTER 5. Administration

This text of California § 22321. (22321. (Amended by Stats. 1996, Ch. 634, first Sec. 81.)) 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 § 22321. (2026).

Text

The system shall pay interest for delays in excess of the allowable days specified in Sections 22318 to 22320, inclusive. The interest rate for late payments shall be the regular interest rate. Interest payments shall be deemed to be interest earned in the calendar year in which paid. All interest payments under this section shall be paid in addition to any credited interest that is paid.

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Legislative History

Amended by Stats. 1996, Ch. 634, first Sec. 81. Effective January 1, 1997.
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California § 22321., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/22321..