Cal. Gov. Code § 22970.60
Participation Accounts
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2013
As of January 1, 2011
Contributions made to the plan by the participant shall be credited to the participant’s account.
(a) Contributions made to the plan by the participant shall be credited to the participant’s account.
(b) Subject to the terms and conditions established by the board, a participant may elect to have all or a portion of the participant’s account in one or more investment fund options available under the plan.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.