California § 24952. 24952. (Amended by Stats. 2006, Ch. 780, Sec. 3.)

California Statutes

§ 24952. — 24952. (Amended by Stats. 2006, Ch. 780, Sec. 3.)

California § 24952.

JurisdictionCalifornia

Code EDCEducation Code - EDC

Div.1.

Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS

Part 13.PART 13. STATE TEACHERS' RETIREMENT SYSTEM

Ch. 36.CHAPTER 36. Annuity Contract and Custodial Accounts

This text of California § 24952. (24952. (Amended by Stats. 2006, Ch. 780, Sec. 3.)) 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 § 24952. (2026).

Text

(a)Any annuity contract and custodial account advertised, promoted, or offered through one or more third-party service providers, shall provide for recovery, from the employees who participate, of all costs and expenses of its own administration, including, but not limited to, advertising, promotion, legal, accounting, compliance, recordkeeping, and investment costs and expenses.

(b)Any annuity contract and custodial account administered by the system shall provide for the recovery of all costs and expenses of its administration.

(c)The system may promote and advertise an annuity contract and custodial account administered directly by the system or by a third-party administrator.

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(a)
Any annuity contract and custodial account advertised, promoted, or offered through one or more third-party service providers, shall provide for recovery, from the employees who participate, of all costs and expenses of its own administration, including, but not limited to, advertising, promotion, legal, accounting, compliance, recordkeeping, and investment costs and expenses.
(b)
Any annuity contract and custodial account administered by the system shall provide for the recovery of all costs and expenses of its administration.
(c)
The system may promote and advertise an annuity contract and custodial account administered directly by the system or by a third-party administrator.

Legislative History

Amended by Stats. 2006, Ch. 780, Sec. 3. Effective January 1, 2007.

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California § 24952., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/24952..