Gov. Code, § 21681 · Chapter 16. Deferred Compensation
Gov. Code, § 21681
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The officers and employees of this system shall not do any of the following:
(a) Deal with the assets of the program in their own interest or for their own account.
(b) In their individual or in any other capacity, act in any transaction involving the program on behalf of a party, or represent a party, whose interests are adverse to the interests of the program or the interests of the participants.
(c) Receive any consideration for their personal account, or any gift, from any party dealing with the program in connection with a transaction involving the assets of the program.
Notes and commentary — not statutory text
History
Amended by Stats. 2010, Ch. 639, Sec. 17. (SB 1139) Effective January 1, 2011.
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§ionNum=21681.
- Text hash
- sha256 f2e4ad3dc954b3b2bef566f9994ff72493676e681b5d1ec17193e5e3629617bb
- 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.