GroundRules
GOV § 20207
Where this section sits in the code
- Government Code - GOV
- TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]
- DIVISION 5. PERSONNEL [18000. - 22980.]
- PART 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM [20000. - 21716.]
- CHAPTER 2. Administration of System [20090. - 20260.]
- ARTICLE 6. Investments [20190. - 20210.]
(a) The Legislature finds and declares that changing economic conditions and increasing complexity in the investment market make it necessary and desirable that this system obtain the best possible investment expertise.
(b) It is the intent of the Legislature that the board secure investment advisers with the composite expertise necessary for the investment of the retirement fund portfolio.
Collected 2026-09-14T05:56:33Z. Source file · JSON