California Statutes

§ 28913. — 28913. (Added by Stats. 1957, Ch. 1056.)

California § 28913.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 10.DIVISION 10. TRANSIT DISTRICTS
Part 2.PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT
Ch. 5.CHAPTER 5. Retirement System
Art. 3.ARTICLE 3. Retirement Board

This text of California § 28913. (28913. (Added by Stats. 1957, Ch. 1056.)) 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. Public Utilities Code - PUC Code § 28913. (2026).

Text

If the district maintains its own retirement fund the retirement board shall have exclusive control of the administration, investment, and disbursement of such fund. Investment of the fund shall be subject to the terms, conditions, limitations, and restrictions imposed by the laws of this State upon savings banks in the making of investments by savings banks, and cash may be deposited in any licensed national bank or banks in this State or in any bank, banks, or corporations authorized or licensed to do a banking business and organized under the laws of this State.

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Legislative History

Added by Stats. 1957, Ch. 1056.
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California § 28913., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/28913..