For purposes of Section 45308.5, city retirement systems shall employ investment counsel or trust companies or trust departments of banks to render service in connection with the city retirement system’s investment program.

(Added by Stats. 1967, Ch. 1359.)

Terms Used In California Government Code 45308.6

  • City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20