CHAPTER 3. Administration of the Plan

Chapter 3 added by Stats. 1998, Ch. 820, Sec. 11.

§§ 22960.35–22960.40 · 6 sections

• § 22960.35 (a) Except as provided in this part, the plan shall be administered by the board in conformity with its powers and duties for administration of the system as…
• § 22960.36 (a) The board shall adopt a trust instrument embodying the material terms and conditions of the plan consistent with this part and the applicable provisions of…
• § 22960.37 In administering the plan, the officers and employees of the system shall discharge their duties with respect to the plan solely in the interest of the…
• § 22960.38 With regard to the plan, the board shall not engage in any transaction prohibited by Section 503(b) of Title 26 of the United States Code.
• § 22960.39 The board may require a third-party administrator, recordkeeper, custodian, or investment manager that is contracted with, or appointed by the system, to be…
• § 22960.40 Data filed by any participant or beneficiary with the board is confidential, and no individual record shall be divulged by any official or employee having…