Cal. Gov. Code § 50957

Current through the 2023 Legislative Session.
Section 50957 - Fund custodian subject to control of board; use of assets of fund

The custodian of the fund shall be subject to the exclusive control of the board to administer and invest the assets of the fund. The assets in the fund shall be used to pay the costs of administration and for the payment of awards under this chapter.

Ca. Gov. Code § 50957

Added by Stats 2007 ch 651 (SB 581),s 2, eff. 1/1/2008.