California Statutes
§ 50914. — 50914. (Added by Stats. 1949, Ch. 81.)
California·Code GOV Government Code - GOV·Div. 1.·Title 5. DIVISION 1. CITIES AND COUNTIES·Part 1. PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES·Ch. 4. CHAPTER 4. Police Officers’ Pension Fund and Firemen’s Pension Fund·Art. 4. ARTICLE 4. Contributions and Surplus
If the amount in the fund exceeds the amount required for disbursal, the excess shall be transferred to the general fund of the local agency and no longer under the control of the board. The amount required for disbursement is deemed the average amount per year disbursed during the next preceding three years.
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California § 50914. (50914. (Added by Stats. 1949, Ch. 81.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1949, Ch. 81.