Government Code § 20538

ARTICLE 3. Contracting Agency Financial Obligations

Current as of September 28, 2026Gov. Code, § 20538Official source ↗

Added by Stats. 2009, Ch. 118, Sec. 3. (AB 637) Effective January 1, 2010.

(a) All amounts due to the retirement system by a contracting agency under this part shall be paid through an electronic funds transfer method prescribed by the board. This payment requirement is effective upon declaration by the board.

(b) A contracting agency that is unable, for good cause, to comply with subdivision (a), may apply to the board for a waiver that allows the agency to pay in an alternate manner as prescribed by the board, but not by credit card payment.