{"data":{"id":"us-ca/edc-22261","jurisdiction":"us-ca","citation":"EDC § 22261","heading":"","body":"Notwithstanding any other provision of law, the board may make investments related to the planning, development, or acquisition of surplus real property owned by an employer, if the investment satisfies the requirements of Section 22250 and does not constitute a prohibited transaction for purposes of Section 503 of the Internal Revenue Code.","path":["Education Code - EDC","TITLE 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","DIVISION 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","PART 13. STATE TEACHERS' RETIREMENT SYSTEM [22000. - 25115.]","CHAPTER 4. Fiduciary Duties [22250. - 22261.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"f9b96622df3e5d2574c57afe208a1f22d19cba2ef7c419fe85e662555c4c29af","source_id":"us-ca","stale":false,"prev":"us-ca/edc-22260","next":"us-ca/edc-22300"},"notice":"GroundRules: Original legal text. Not legal advice."}