California Statutes

§ 22352. — 22352. (Amended by Stats. 2021, Ch. 619, Sec. 1.)

California § 22352.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 13.PART 13. STATE TEACHERS' RETIREMENT SYSTEM
Ch. 6.CHAPTER 6. Investments

This text of California § 22352. (22352. (Amended by Stats. 2021, Ch. 619, 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 § 22352. (2026).

Text

Upon a finding by the board that necessary investment expertise is not available within existing civil service classifications, and with the approval of the State Personnel Board, the board may, pursuant to policy adopted by the board, establish competitive bidding processes, and specify the contract terms and conditions it solely deems necessary and prudent to contract with qualified investment managers and investment advisers, as defined in Section 22143, having demonstrated expertise in managing, or advising the management of, large and diverse investment portfolios to render service in connection with the investment program of the board.

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Legislative History

Amended by Stats. 2021, Ch. 619, Sec. 1. (AB 539) Effective January 1, 2022.
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California § 22352., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/22352..