Government Code section 7513.86

Except as provided in subdivisions (b) and (c) of Section 82047.3, a person shall not act as a placement agent in connection with any potential system investment made by a state public retirement system unless that person is registered as a lobbyist in accordance with Chapter 6 (commencing with Section 86100) of Title 9 and is in full compliance with the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)) as that act applies to lobbyists.

Source: Section 7513.86, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=7513.­86.­ (updated Jan. 1, 2011; accessed Dec. 1, 2025).

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Verified:
Dec. 1, 2025

§ 7513.86's source at ca​.gov