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.
Cal. Educ. Code § 22401
Establishment and Control of Funds
Known as the E. Richard Barnes Act
The act spans §§ 22000–25115 (716 sections).
Repealed and added by Stats. 1993, Ch. 893, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.