California Statutes
§ 20207. — 20207. (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. 6. ARTICLE 6. Investments
(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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California § 20207. (20207. (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.