§ 53217. — 53217. (Amended by Stats. 1975, Ch. 29.)

California § 53217.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Div.: 2.
• Title 5.: DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
• Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
• Ch. 2.: CHAPTER 2. Officers and Employees
• Art. 1.5.: ARTICLE 1.5. Pension Trusts

Text

From funds under its jurisdiction the legislative body may authorize payment to the trust of amounts equaling all or any portion of the moneys necessary to fund any pension trust established pursuant to this article. The legislative body may also authorize payment of amounts to cover the reasonable expenses of the administration of the trust. Such expenditures are charges against the funds of the agency making them.

Legislative History

Amended by Stats. 1975, Ch. 29.