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Legal Resources | Education Code |  EC  22359  

Bank or trustcompany may serve as custodian   

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Notwithstanding any other provision of law, the board may retain a bank or trust company to serve as custodian for safekeeping, delivery, securities valuation, investment performance reporting, and other services in connection with investment of the retirement fund.

(Repealed and added by Stats. 1993, Ch. 893, Sec. 1 and 2.)