22970.60. (a) Contributions made to the plan by the participant shall be credited to the participant’s account.
(b) Subject to the terms and conditions established by the board, a participant may elect to have all or a portion of the participant’s account in one or more investment fund options available under the plan.
(Amended by Stats. 2013, Ch. 755, Sec. 8. (SB 277) Effective January 1, 2014.)
Structure California Code