Cal. Gov. Code § 22970.62
Participation Accounts
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2013
As of January 1, 2011
The net earnings of the fund shall be allocated to the participant’s account as of each valuation date.
The net earnings of the applicable investment fund option available under the plan shall be allocated to the participant’s account as of each valuation date.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.