California Government Code
§ 50973
GOV § 50973 Effective Jan 1, 2008Div. 1 · Title 5 · Part 1 · Ch. 4.5 · Art. 5
Statute text
View on leginfo.ca.govThe board may provide that an award under this chapter shall not be payable, or begin to accrue, until the board establishes, by appropriate resolution, that the fund contains sufficient net assets to make the payments provided by this chapter based upon an actuarial reserve basis.
Legislative history
Repealed and added by Stats. 2007, Ch. 651, Sec. 2. Effective January 1, 2008. Operative March 1, 2008, by Section 50979.