California Statutes

§ 20207. — 20207. (Added by Stats. 1995, Ch. 379, Sec. 2.)

California § 20207.
JurisdictionCalifornia
Code GOVGovernment 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. 6.ARTICLE 6. Investments

This text of California § 20207. (20207. (Added by Stats. 1995, Ch. 379, Sec. 2.)) 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.

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Cal. Government Code - GOV Code § 20207. (2026).

Text

(a)The Legislature finds and declares that changing economic conditions and increasing complexity in the investment market make it necessary and desirable that this system obtain the best possible investment expertise.
(b)It is the intent of the Legislature that the board secure investment advisers with the composite expertise necessary for the investment of the retirement fund portfolio.

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Legislative History

Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.
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California § 20207., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/20207..