California § 22970.31. 22970.31. (Amended by Stats. 2013, Ch. 755, Sec. 6.)

California Statutes

§ 22970.31. — 22970.31. (Amended by Stats. 2013, Ch. 755, Sec. 6.)

California § 22970.31.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.5.

Title 2.DIVISION 5. PERSONNEL

Part 8.PART 8. SUPPLEMENTAL CONTRIBUTIONS PROGRAM

Ch. 3.CHAPTER 3. Administration of the Plan

This text of California § 22970.31. (22970.31. (Amended by Stats. 2013, Ch. 755, Sec. 6.)) 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. Government Code - GOV Code § 22970.31. (2026).

Text

(a)The board shall adopt a plan instrument embodying the material terms and conditions of the plan consistent with this part and the applicable provisions of Title 26 of the United States Code.

(b)The board may, as it deems necessary or appropriate, amend the plan consistent with this part and the applicable provisions of Title 26 of the United States Code.

(c)A fiduciary of the plan shall not be liable for any loss that results from the individual investment fund option selected by a participant or the plan’s designated default option for investment of contributions by participants who do not provide affirmative instruction on how to invest their contributions.

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(a)
The board shall adopt a plan instrument embodying the material terms and conditions of the plan consistent with this part and the applicable provisions of Title 26 of the United States Code.
(b)
The board may, as it deems necessary or appropriate, amend the plan consistent with this part and the applicable provisions of Title 26 of the United States Code.
(c)
A fiduciary of the plan shall not be liable for any loss that results from the individual investment fund option selected by a participant or the plan’s designated default option for investment of contributions by
participants who do not provide affirmative instruction on how to invest their contributions.