California Statutes
§ 20172. — 20172. (Added by Stats. 1995, Ch. 379, Sec. 2.)
California·Code GOV Government Code - GOV·Div. 5.·Title 2. DIVISION 5. PERSONNEL·Part 3. PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM·Ch. 2. CHAPTER 2. Administration of System·Art. 5. ARTICLE 5. The Retirement Fund
Notwithstanding any other provision of law, the board may retain a bank or trust company to serve as custodian for safekeeping, delivery, securities valuation, investment performance reporting, and other services in connection with investment of the retirement fund. Notwithstanding Section 13340, all moneys in the fund are continuously appropriated, without regard to fiscal years, for payments which shall be made upon warrants drawn by the Controller upon demands made by the board. Upon demand of the board, warrants shall be drawn for the purpose of making payments by electronic fund transfers.
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California § 20172. (20172. (Added by Stats. 1995, Ch. 379, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.