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HomePublic Utilities CodeDiv. 10Pt. 3Ch. 4Art. 1§ 30403 Retirement System Administration Powers

§ 30403 Retirement System Administration Powers

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 30403 Retirement System Administration Powers

Key Takeaways

  • •The board can make rules for the retirement system.
  • •The board can do what's needed to keep the retirement system running.
  • •The board can manage how the retirement system works.

Example

The board decides to change how much money people need to save for retirement.

The board can make this change because they are in charge of managing the retirement system.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 30403 Retirement System Administration Powers

The board may adopt all ordinances and resolutions and perform all acts necessary or convenient to the initiation, maintenance, and administration of the retirement system. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)

Last verified: January 23, 2026

Key Terms

boardordinancesresolutionsretirement system

Related Statutes

  • § 12304 Retirement System Administration Powers
  • § 25304 Retirement System Administration Powers
  • § 28873 Retirement System Administration Powers
  • § 101121 Board Chairman Duties
  • § 30406 Retirement System Membership Classification

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 30403.
View Official Source