{"code":"PUC","codeName":"Public Utilities Code","section":"95806","citation":"Pub. Util. Code, § 95806","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 9. THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT [95000. - 97007.]","url":"https://blackletter.si/public-utilities-code/division-10/part-9"},{"name":"CHAPTER 5. Retirement System [95800. - 95891.]","url":"https://blackletter.si/public-utilities-code/division-10/part-9/chapter-5"},{"name":"ARTICLE 1. Establishment [95800. - 95806.]","url":"https://blackletter.si/public-utilities-code/division-10/part-9/chapter-5/article-1"}],"history":"Added by Stats. 1984, Ch. 968, Sec. 3.   Effective September 10, 1984.","effective":"1984-09-10","html":"<p>In the event the board elects to adopt and maintain its own retirement system, that system shall comply with this article and the requirements of: (1) Article 2 (commencing with Section <a href=\"/puc/95830\">95830</a>), Article 3 (commencing with Section <a href=\"/puc/95860\">95860</a>) and Article 4 (commencing with Section <a href=\"/puc/95890\">95890</a>) of this chapter; or (2) applicable federal law to establish a qualified plan under Section <a href=\"/puc/401\">401</a> (a) of, and a tax exempt trust under Section 501 (a) of, the Internal Revenue Code of 1954, as amended.</p>","text":"In the event the board elects to adopt and maintain its own retirement system, that system shall comply with this article and the requirements of: (1) Article 2 (commencing with Section 95830), Article 3 (commencing with Section 95860) and Article 4 (commencing with Section 95890) of this chapter; or (2) applicable federal law to establish a qualified plan under Section 401 (a) of, and a tax exempt trust under Section 501 (a) of, the Internal Revenue Code of 1954, as amended.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/establishment-95806","source":"California Legislative Information bulk export (pubinfo)"}