{"code":"GOV","codeName":"Government Code","section":"53216.3","citation":"Gov. Code, § 53216.3","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 5. LOCAL AGENCIES [50001. - 57607.]","url":"https://blackletter.si/government-code/title-5"},{"name":"DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","url":"https://blackletter.si/government-code/title-5/division-2"},{"name":"PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1"},{"name":"CHAPTER 2. Officers and Employees [53200. - 53299.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-2"},{"name":"ARTICLE 1.5. Pension Trusts [53215. - 53224.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-2/article-1.5"}],"history":"Added by Stats. 1968, Ch. 1069.","effective":null,"html":"<p>The legislative body shall employ investment counsel or trust companies or trust departments of banks to render service in connection with its investment program.</p>","text":"The legislative body shall employ investment counsel or trust companies or trust departments of banks to render service in connection with its investment program.","otherVersions":[],"url":"https://blackletter.si/government-code/pension-trusts-53216-3","source":"California Legislative Information bulk export (pubinfo)"}