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Cal. Educ. Code § 22203.5

Retirement Board

Known as the E. Richard Barnes Act

The act spans §§ 22000–25115 (716 sections).

Amended by Stats. 2003, Ch. 859, Sec. 4

(a) All investment transaction decisions made during a closed session, pursuant to paragraph (16) of subdivision (c) of Section 11126 of the Government Code, shall be by rollcall vote entered into the minutes of that meeting.

(b) The board, within 12 months of the close of an investment transaction or the transfer of system assets for an investment transaction, whichever occurs first, shall disclose and report the investment at a public meeting.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.