California Government Code ARTICLE 3 - Fiduciary Duties

• Section 20150.
  A board member or employee of the board shall not, directly or indirectly:(a) Have any interest in the making of any investment, or in the gains...
• Section 20151.
  The board and its officers and employees shall discharge their duties with respect to this system solely in the interest of the participants and beneficiaries:(a) For...
• Section 20152.
  Notwithstanding Section 13340, there is hereby continuously appropriated, without regard to fiscal years, from the retirement fund to the board, the amount necessary to pay...
• Section 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...
• Section 20153.
  (a) During the process leading to an award of any contract by the system, no member of the board or its staff shall knowingly communicate concerning...

Last modified: October 22, 2018