Education Code section 22401


Return on investments shall be collected by the Treasurer, and together with any other moneys received for the retirement fund shall be immediately deposited to the credit of that fund and reported immediately to the system. Money in whatever form received directly by the system shall be deposited immediately in the State Treasury to the credit of that fund.

Source: Section 22401, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=EDC§ionNum=22401.­ (updated Jan. 1, 1994; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 22401's source at ca​.gov