California Statutes
§ 22380. — 22380. (Amended by Stats. 2010, Ch. 207, Sec. 6.)
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. 7. CHAPTER 7. System Headquarters
(a)The board shall establish a building account for the transfer of money appropriated for that purpose from the retirement fund for the construction or remodeling of buildings and improvements thereon, maintenance, repair, and improvement thereof.
(b)The board may contract with the Department of General Services for the purchase of insurance against loss of, or damage to, the property or the loss of use or occupancy of the building, liability insurance, and other insurance that is customarily carried on state office buildings. Premiums for this insurance shall be paid from the building account.
(c)The land,
building, equipment, and improvements thereon, shall constitute an investment of the system and shall be carried on the books thereof in accordance with generally accepted acc
Free access — add to your briefcase to read the full text and ask questions with AI
California § 22380. (22380. (Amended by Stats. 2010, Ch. 207, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2010, Ch. 207, Sec. 6. (AB 2260) Effective January 1, 2011.