California § 16649.92 - Present, future, and former members of the governing board of any trust fund, joi
Full text of California Public Contract Code - PCC § 16649.92 — Present, future, and former members of the governing board of any trust fund, joi, with citation guidance and answers to common questions.
§ 16649.92. Present, future, and former members of the governing board of any trust fund, joi
Present, future, and former members of the governing board of any trust fund, jointly and individually, state officers and employees, and investment managers under contract with the state shall be indemnified from the General Fund by the State of California from all claims, demands, suits, actions, damages, judgments, costs, charges and expenses, including court costs and attorneyâs fees, and against all liability, losses, and damages of any nature whatsoever that these present, future, or former board members, officers, employees, or contract investment managers shall or may at any time sustain by reason of any decision to restrict, reduce, or eliminate investments pursuant to this chapter.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16649.92
What does Public Contract Code - PCC § 16649.92 cover?
Section 16649.92 ("Present, future, and former members of the governing board of any trust fund, joi") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 16649.92?
A common citation format is "Public Contract Code - PCC § 16649.92" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 16649.92 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.