CHAPTER 3. Establishment and Control of Fund

Chapter 3 added by Stats. 2000, Ch. 1032, Sec. 4.

§§ 25930–25933 · 4 sections

• § 25930 There is in the State Treasury a special trust fund to be known as the Teachers’ Health Benefits Fund. There shall be deposited in the fund the employer…
• § 25931 The board shall have exclusive control of the administration of the fund. No transfers or disbursements of any amount from the fund shall be made except upon…
• § 25932 Return on investments shall be collected by the State Treasurer and, together with any other moneys received for the fund, shall be immediately deposited to…
• § 25933 (a) For purposes of this section, “plan” means any health benefits program that is financed from the proceeds of the fund. (b) The board shall maintain all…