Notwithstanding any other provision of law, the board may retain a bank or trust company to serve as a custodian for safekeeping, recordkeeping, delivery, securities valuation, investment performance reporting, or other services in connection with investment and administration of the fund.
(Added by Stats. 1999, Ch. 307, Sec. 4. Effective January 1, 2000.)
Last modified: October 25, 2018