California Statutes
§ 22352. — 22352. (Amended by Stats. 2021, Ch. 619, 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. 6. CHAPTER 6. Investments
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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California § 22352. (22352. (Amended by Stats. 2021, Ch. 619, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2021, Ch. 619, Sec. 1. (AB 539) Effective January 1, 2022.