California § 31522.6. 31522.6. (Added by Stats. 2004, Ch. 533, Sec. 19.)

California Statutes

§ 31522.6. — 31522.6. (Added by Stats. 2004, Ch. 533, Sec. 19.)

California·Code GOV Government Code - GOV·Div. 4.·Title 3. DIVISION 4. EMPLOYEES·Part 3. PART 3. RETIREMENT SYSTEMS·Ch. 3. CHAPTER 3. County Employees Retirement Law of 1937·Art. 3. ARTICLE 3. Retirement Board

The board may contract with a third party to temporarily assume administration of the system if a catastrophic event destroys or severely damages the system’s administrative facilities or otherwise prevents or significantly hinders continued local administration of the system. Local administration of the system shall resume as soon as practicable.
The costs of contracting with the third party for temporary administration of the system shall be a charge against the investment earnings of the retirement
				fund.

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The board may contract with a third party to temporarily assume administration of the system if a catastrophic event destroys or severely damages the system’s administrative facilities or otherwise prevents or significantly hinders continued local administration of the system. Local administration of the system shall resume as soon as practicable.
The costs of contracting with the third party for temporary administration of the system shall be a charge against the investment earnings of the retirement
fund.

California § 31522.6. (31522.6. (Added by Stats. 2004, Ch. 533, Sec. 19.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.