Government Code section 22970.42


Notwithstanding any other provision of law, the board may retain a bank or trust company to serve as a custodian for safekeeping, recordkeeping, delivery, securities valuation, investment performance reporting, or other services in connection with investment and administration of the fund.

Source: Section 22970.42, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=22970.­42.­ (updated Jan. 1, 2000; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 22970.42’s source at ca​.gov