Gov. Code, § 100050 · Title 21. THE CALSAVERS RETIREMENT SAVINGS TRUST ACT

Gov. Code, § 100050

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Funding for startup and first-year administrative costs may be appropriated from the General Fund in the annual Budget Act. The board shall repay the amount appropriated, plus interest calculated at the rate earned by the Pooled Money Investment Account. Necessary administrative costs in future years shall be paid out of the administrative fund.

Notes and commentary — not statutory text

History

Added by Stats. 2016, Ch. 804, Sec. 19. (SB 1234) Effective January 1, 2017.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=100050.
Text hash: sha256 5d34cde93069cece8f5a4d73a68eee75d3f39c2d0c1ceb73239fcc32498c0a59
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.