California § 24952 - Any annuity contract and custodial account advertised, promoted, or offered throu

Full text of California Public Contract Code - PCC § 24952 — Any annuity contract and custodial account advertised, promoted, or offered throu, with citation guidance and answers to common questions.

§ 24952. Any annuity contract and custodial account advertised, promoted, or offered throu

(a) Any annuity contract and custodial account advertised, promoted, or offered through one or more third-party service providers, shall provide for recovery, from the employees who participate, of all costs and expenses of its own administration, including, but not limited to, advertising, promotion, legal, accounting, compliance, recordkeeping, and investment costs and expenses. (b) Any annuity contract and custodial account administered by the system shall provide for the recovery of all costs and expenses of its administration. (c) The system may promote and advertise an annuity contract and custodial account administered directly by the system or by a third-party administrator.

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

Frequently Asked Questions About California § 24952

What does Public Contract Code - PCC § 24952 cover?

Section 24952 ("Any annuity contract and custodial account advertised, promoted, or offered throu") 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 § 24952?

A common citation format is "Public Contract Code - PCC § 24952" (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 § 24952 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.