DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 8. VALIDATING PROCEEDINGS 17700›CHAPTER 10. Annuity Contracts 19999.7›ARTICLE 6. Investments 20190-20210

§ 20207

California Government Code · 2026-09 edition · updated 2026-09-27 · California

(a) The Legislature finds and declares that changing economic conditions and increasing complexity in the investment market make it necessary and desirable that this system obtain the best possible investment expertise.

(b) It is the intent of the Legislature that the board secure investment advisers with the composite expertise necessary for the investment of the retirement fund portfolio.

(Added by Stats. 1995, Ch. 379, Sec. 2. Effective January 1, 1996.)

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California Government Code

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