California § 22352 - Upon a finding by the board that necessary investment expertise is not available
Full text of California Public Contract Code - PCC § 22352 — Upon a finding by the board that necessary investment expertise is not available, with citation guidance and answers to common questions.
§ 22352. Upon a finding by the board that necessary investment expertise is not available
Upon a finding by the board that necessary investment expertise is not available within existing civil service classifications, and with the approval of the State Personnel Board, the board may, pursuant to policy adopted by the board, establish competitive bidding processes, and specify the contract terms and conditions it solely deems necessary and prudent to contract with qualified investment managers and investment advisers, as defined in Section 22143, having demonstrated expertise in managing, or advising the management of, large and diverse investment portfolios to render service in connection with the investment program of the board.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22352
What does Public Contract Code - PCC § 22352 cover?
Section 22352 ("Upon a finding by the board that necessary investment expertise is not available") 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 § 22352?
A common citation format is "Public Contract Code - PCC § 22352" (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 § 22352 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.