California Public Utilities Code

§ 3298.1

PUC § 3298.1 Effective Sep 19, 2025Div. 1 · Part 6 · Ch. 4

Statute text

The administrator shall carry out the duties of this part and may do all of the following, subject to the oversight of the council:

(a)Retain, employ, or contract with officers, experts, employees, accountants, actuaries, financial professionals, and other executives, advisers, consultants, attorneys, and professionals as may be necessary in the administrator’s judgment for the efficient operation and administration of the account.

(b)Enter into contracts and other obligations relating to the operation, management, and administration of the account.

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Legislative history

Added by Stats. 2025, Ch. 119, Sec. 45. (SB 254) Effective September 19, 2025. Conditionally inoperative pursuant to Section 3298.6. Repealed as of January 1 following inoperative date.