Cal. Gov. Code § 54956.81

Current through the 2024 Legislative Session.
Section 54956.81 - Closed session to discuss purchase of pension fund investments

Notwithstanding any other provision of this chapter, a legislative body of a local agency that invests pension funds may hold a closed session to consider the purchase or sale of particular, specific pension fund investments. All investment transaction decisions made during the closed session shall be made by rollcall vote entered into the minutes of the closed session as provided in subdivision (a) of Section 54957.2.

Ca. Gov. Code § 54956.81

Added by Stats 2004 ch 533 (AB 2234),s 20, eff. 1/1/2005.