California § 22970.58 - The board may permit a participant to transfer funds, including eligible rollover
Full text of California Public Contract Code - PCC § 22970.58 — The board may permit a participant to transfer funds, including eligible rollover, with citation guidance and answers to common questions.
§ 22970.58. The board may permit a participant to transfer funds, including eligible rollover
The board may permit a participant to transfer funds, including eligible rollover contributions, from an eligible retirement plan into this plan to the extent that the transfers are allowed under applicable federal and state laws, and pursuant to the terms and conditions established by the board. The plan may accept rollover contributions made in accordance with paragraph (4) of subdivision (b) of Section 22960.4 if the board establishes a separate rollover contribution account for each participant or beneficiary who makes such rollover contributions for the purpose of holding those contributions. Rollover contributions made in accordance with paragraph (4) of subdivision (b) of Section 22960.4, shall be invested in the applicable target retirement date fund investment fund option available under the plan until the participant elects another investment fund option available under the plan in accordance with the terms and conditions established by the board.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22970.58
What does Public Contract Code - PCC § 22970.58 cover?
Section 22970.58 ("The board may permit a participant to transfer funds, including eligible rollover") 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 § 22970.58?
A common citation format is "Public Contract Code - PCC § 22970.58" (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 § 22970.58 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.