§ 24950 (a) An annuity contract and custodial account as described in …
§ 24950.5 (a) The system may administer an individual retirement plan as …
§ 24951 If the rate of participation in the annuity contract and custodial …
§ 24952 (a) Any annuity contract and custodial account advertised, …
§ 24953 (a) For purposes of this section, the following definitions …

Terms Used In California Codes > Education Code > Title 1 > Division 1 > Part 13 > Chapter 36 - Annuity Contract and Custodial Accounts

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • City: includes city and county and "incorporated town" but does not include "unincorporated town" or "village. See California Public Utilities Code 19
  • County: includes city and county. See California Water Code 14
  • County: includes city and county. See California Public Utilities Code 18
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • injurious object: shall mean those objects specified in the following sections:

    California Education Code 49330

  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18
  • State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • United States: means the United States of America, and in relation to any particular matter includes the officers, agents, employees, agencies, or instrumentalities authorized to act in relation thereto. See California Water Code 20