California § 20151 - The board and its officers and employees shall discharge their duties with respec

Full text of California Public Contract Code - PCC § 20151 — The board and its officers and employees shall discharge their duties with respec, with citation guidance and answers to common questions.

§ 20151. The board and its officers and employees shall discharge their duties with respec

The board and its officers and employees shall discharge their duties with respect to this system solely in the interest of the participants and beneficiaries: (a) For the exclusive purpose of both of the following: (1) Providing benefits to members, retired members, and their survivors and beneficiaries. (2) Defraying reasonable expenses of administering this system. (b) Minimizing the employers’ costs of providing benefits under this part. (c) By investing with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with those matters would use in the conduct of an enterprise of a like character and with like aims.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 20151

What does Public Contract Code - PCC § 20151 cover?

Section 20151 ("The board and its officers and employees shall discharge their duties with respec") 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 § 20151?

A common citation format is "Public Contract Code - PCC § 20151" (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 § 20151 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.