Gov. Code, § 22970.60 · Chapter 7. Participation Accounts

Gov. Code, § 22970.60

Verbatim from the official edition

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

(a) Contributions made to the plan by the participant shall be credited to the participant’s account.

(b) Subject to the terms and conditions established by the board, a participant may elect to have all or a portion of the participant’s account in one or more investment fund options available under the plan.

Notes and commentary — not statutory text

History

Amended by Stats. 2013, Ch. 755, Sec. 8. (SB 277) Effective January 1, 2014.

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=22970.60.
Text hash: sha256 b545f002c385e19e7ab02dd8445ceed1910e8fd06398bf7f603ec12aef6f6e1c
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.