California Statutes
§ 25931. — 25931. (Added by Stats. 2000, Ch. 1032, Sec. 4.)
California § 25931.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 13.5.PART 13.5. HEALTH CARE BENEFITS PROGRAM
Ch. 3.CHAPTER 3. Establishment and Control of Fund
This text of California § 25931. (25931. (Added by Stats. 2000, Ch. 1032, Sec. 4.)) 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 § 25931. (2026).
Text
The board shall have exclusive control of the administration of the fund. No transfers or disbursements of any amount from the fund shall be made except upon the authorization of the board for the purpose of carrying into effect the provisions of this part. Except as otherwise limited by the California Constitution and by law, the board may, in its discretion, invest the assets of the fund through the purchase, holding, or sale of any investment, financial instrument, or financial transaction, when the investment, financial instrument, or financial transaction is prudent in the informed opinion of the board.
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Legislative History
Added by Stats. 2000, Ch. 1032, Sec. 4. Effective January 1, 2001.
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Bluebook (online)
California § 25931., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/25931..