Article 3. Fiduciary Duties - California Government Code Section 20152.5

20152.5.  No matter involving any vendor or contractor in their
individual or any other capacity shall be considered during a closed
session on any transaction involving the system unless, prior to the
closed session, a written disclosure has been submitted by the vendor
or contractor of any campaign contributions aggregating two hundred
fifty dollars ($250) or more and any gifts aggregating fifty dollars
($50) or more in value that the vendor or contractor has made during
the preceding calendar year to any member of the board or any officer
or employee of the system. Failure to disclose the campaign
contributions and gifts shall provide the basis for disqualification
of the contractor or the vendor.

Last modified: February 16, 2015