The board may transfer amounts between the Gain and Loss Reserve and the Annuitant Reserve upon the recommendation of the actuary.
Cal. Educ. Code § 25003
Program Accounts
Known as the E. Richard Barnes Act
The act spans §§ 22000 to 25115 (716 sections).
Added by Stats. 2000, Ch. 74, Sec. 69
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.