reglab/housing_qa huggingface dataset:
CA Educ Code § 22220 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22220.

22220.  In addition to the authority granted pursuant to Section 11181 of the Government Code, the board may subpoena witnesses and compel their attendance to testify before it.(Amended by Stats. 2012, Ch. 864, Sec. 3. (AB 2663) Effective January 1, 2013.)
CA Educ Code § 22221 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22221.

22221.  The board shall adopt, upon the recommendation of the actuary of the system, any mortality and other tables and interest rates necessary to do the following:(a) Permit valuation of the assets and liabilities of the system.(b) Make any determination or calculation necessary to carry out this part.(Amended by Stats. 1996, Ch. 634, Sec. 52. Effective January 1, 1997.)
CA Educ Code § 22222 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22222.

22222.  The board may adjust the amounts of the death payments based on changes in the All Urban California Consumer Price Index, and shall adopt as a plan amendment with respect to the Defined Benefit Program any adjusted amount, provided that the most recent actuarial valuation report indicates that the adjustment would not increase the normal cost.(Amended by Stats. 1998, Ch. 965, Sec. 23. Effective January 1, 1999.)
CA Educ Code § 22223 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22223.

22223.  The members of the board who are not active members of the Defined Benefit Program or active participants of the Cash Balance Benefit Program and who are appointed by the Governor pursuant to Section 22200 shall receive one hundred dollars ($100) for every day of actual attendance at meetings of the board or any meeting of any committee of the board of which the person is a member, and that is conducted for the purpose of carrying out the powers and duties of the board, together with their necessary traveling expenses incurred in connection with performance of their official duties.(Amended by Stats. 2005, Ch. 351, Sec. 6. Effective January 1, 2006.)
CA Educ Code § 22224 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22224.

22224.  Members of the Defined Benefit Program and participants of the Cash Balance Benefit Program, who are either elected to the board or appointed to the board by the Governor pursuant to Section 22200, or who are appointed by the board to serve on a committee or subcommittee of the board or a panel of the system, shall be granted, by his or her employer, sufficient time away from regular duties, without loss of compensation or other benefits to which the person is entitled by reason of employment, to attend meetings of the board or any of its committees or subcommittees of which the person is a member, or to serve as a member of a panel of the system, and to attend to the duties expected to be performed by the person.(Amended by Stats. 2004, Ch. 11, Sec. 2. Effective January 28, 2004.)
CA Educ Code § 22225 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22225.

22225.  (a) The compensation of the members of the Defined Benefit Program and participants of the Cash Balance Benefit Program who are either elected to the board or appointed to the board by the Governor pursuant to Section 22200, or who are appointed by the board to a committee or subcommittee, or to a panel of the system, may not be reduced by his or her employer for any absence from service occasioned by attendance upon the business of the board, pursuant to Section 22224.(b) Each employer that employs either a member of the Defined Benefit Program or a participant of the Cash Balance Benefit Program elected or appointed pursuant to Section 22224 and that employs a person to replace the member or participant during attendance at meetings of the board, its committees or subcommittees, or when serving as a member of a panel of the system, or when carrying out other duties approved by the board, shall be reimbursed from the retirement fund for the cost incurred by employing a replacement.(Amended by Stats. 2004, Ch. 11, Sec. 3. Effective January 28, 2004.)
CA Educ Code § 22226 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22226.

22226.  (a) The board shall conduct a study on providing health insurance benefits, including vision and dental care benefits, for active, disabled, and retired members, beneficiaries, children, and dependent parents. The health insurance may include vision and dental care. (b) The study shall include, but not be limited to, assessing the lack of access of health insurance benefits for retired teachers and shall evaluate the following:(1) The demand for health insurance benefits.(2) The integration of health insurance benefits and Medicare coverage.(3) The manner in which health insurance benefits would be administered and provided.(c) There is hereby appropriated from the Teachers’ Retirement Fund to the State Teachers’ Retirement Board the sum of two hundred thousand dollars ($200,000) conduct a study for the purposes identified in this section. If this study results in the implementation of health insurance benefits as described in subdivision (a), the State Teachers’ Retirement Board shall reimburse the sum of two hundred thousand dollars ($200,000) to the Teachers’ Retirement Fund from administrative fees charged to recipients of the health insurance benefits.(Added by Stats. 1998, Ch. 968, Sec. 1. Effective January 1, 1999.)
CA Educ Code § 22227 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22227.

22227.  It is the intent of the Legislature that candidates for board seats described in paragraph (5) of subdivision (a) of Section 22200, including incumbent board members running for reelection, shall file campaign statements with the Secretary of State according to campaign reporting, contribution limits, and conflict of interest provisions of the Political Reform Act, adapted for the unique characteristics of elected member seats on state retirement system boards.(Added by Stats. 2004, Ch. 11, Sec. 4. Effective January 28, 2004.)
CA Educ Code § 22228 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 3 - Retirement Board|Section 22228.

22228.  (a) Commencing March 1, 2023, and annually thereafter, the board shall submit a report to the Legislature on the status of achieving appropriate objectives and initiatives, as defined by the board, regarding participation of emerging or diverse managers responsible for asset management within its portfolio of investments. The report shall be based on contracts that the system enters into on and after January 1, 2022.(b) The report shall also identify and include both of the following: (1) The name of each emerging or diverse manager providing investment portfolio or asset management services at the end of the prior fiscal year, including, but not limited to, fund of funds contracts, for all asset classes, as applicable. The board shall also report the year the emerging or diverse manager was first engaged or contracted to provide investment portfolio or asset management services. (2) The amount managed by each emerging or diverse manager by asset class at the end of the prior fiscal year, as well as the total amount allocated by the system in the applicable asset class during the year and the total amount of the asset class in the system’s investment portfolio. (c) The board shall define the term “emerging manager” and “diverse manager” for purposes of this section. (d) The report required by this section shall be submitted in compliance with Section 9795 of the Government Code. (e) Nothing in this section shall require the board to take action unless the board determines in good faith that the action described in this section is consistent with the fiduciary responsibilities of the board as described in Section 17 of Article XVI of the California Constitution. (f) This section shall not require the board to disclose information that is excepted from disclosure under Section 6254.26 of the Government Code.(g) This section shall remain in effect only until January 1, 2028, and as of that date is repealed, unless a later enacted statute that is enacted before January 1, 2028, deletes or extends that date.(Added by Stats. 2021, Ch. 472, Sec. 1. (AB 890) Effective January 1, 2022. Repealed as of January 1, 2028, by its own provisions.)
CA Educ Code § 22250 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22250.

22250.  The board and its officers and employees of the system shall discharge their duties with respect to the system and the plan solely in the interest of the members and beneficiaries of the Defined Benefit Program as well as the participants and beneficiaries of the Cash Balance Benefit Program as follows:(a) For the exclusive purpose of the following:(1) Providing benefits to members and beneficiaries of the Defined Benefit Program as well as the participants and beneficiaries of the Cash Balance Benefit Program.(2) Defraying reasonable expenses of administering the plan.(b) 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.(c) By diversifying the investments of the plan so as to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to do so.(d) In accordance with the documents and instruments governing the plan and the system insofar as those documents and instruments are consistent with this part and Part 14 (commencing with Section 26000).(Amended by Stats. 1998, Ch. 965, Sec. 27. Effective January 1, 1999.)
CA Educ Code § 22251 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22251.

22251.  (a) Except as provided in subdivision (b), the assets of the plan shall never inure to the benefit of an employer and shall be held for the exclusive purposes of providing benefits to members and beneficiaries of the Defined Benefit Program as well as the participants and beneficiaries of the Cash Balance Benefit Program and defraying reasonable expenses of administering the plan and the system.(b) In the case of a contribution that is made by an employer by a mistake of fact, subdivision (a) shall not prohibit the return of that contribution within one year after the system knows, or should know in the ordinary course of business, that the contribution was made by a mistake of fact.(Amended by Stats. 1998, Ch. 965, Sec. 28. Effective January 1, 1999.)
CA Educ Code § 22252 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22252.

22252.  Except as otherwise provided by law, the board and its officers and employees of the system shall not cause the system to engage in a transaction if they know or should know that the transaction constitutes a direct or indirect:(a) Sale or exchange, or leasing, of any property from the system to a member or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, for less than adequate consideration, or from a member or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, to the system for more than adequate consideration.(b) Lending of money or other extension of credit from the system to a member or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, without the receipt of adequate security and a reasonable rate of interest, or from a member or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, with the provision of excessive security or an unreasonably high rate of interest.(c) Furnishing of goods, services, or facilities from the system to a member or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, for less than adequate consideration, or from a member, or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, to the system for more than adequate consideration.(d) Transfer to, or use by or for the benefit of, a member or beneficiary of the Defined Benefit Program, as well as a participant or beneficiary of the Cash Balance Benefit Program, of any assets of the plan for less than adequate consideration.(e) Acquisition, on behalf of the system, of any employer security, real property, or loan.(Amended by Stats. 1998, Ch. 965, Sec. 29. Effective January 1, 1999.)
CA Educ Code § 22253 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22253.

22253.  The board and its officers and employees of the system shall not do any of the following:(a) Deal with the assets of the plan and the system in their own interest or for their own account.(b) In their individual or in any other capacity, act in any transaction involving the system on behalf of a party, or represent a party, whose interests are adverse to the interests of the plan or the interests of the members and beneficiaries of the Defined Benefit Program, as well as participants and beneficiaries of the Cash Balance Benefit Program.(c) Receive any consideration for their personal account from any party conducting business with the system in connection with a transaction involving the assets of the plan.(Amended by Stats. 1998, Ch. 965, Sec. 30. Effective January 1, 1999.)
CA Educ Code § 22254 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22254.

22254.  (a) Any board member or officer who breaches any of the responsibilities, obligations, or duties imposed upon them by Section 22251, 22252, or 22253 shall be personally liable to make restitution to the retirement fund for any losses to it resulting from each breach, and to restore any profits that have been made through use of assets of the fund and shall be subject to any other equitable or remedial relief the court may deem appropriate, including removal from the board.(b) No board member or officer shall be liable with respect to a breach of fiduciary duty under this part if the breach was committed before the board member or officer became one, or ceased to be one.(Amended by Stats. 1996, Ch. 634, Sec. 60. Effective January 1, 1997.)
CA Educ Code § 22255 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22255.

22255.  (a) No board member or officer shall be personally liable for the breach of a fiduciary duty except as set forth in Section 22254 or 22256. This subdivision shall apply only to causes of actions arising on or after January 1, 1990.(b) Nothing in this section shall be interpreted to lessen the scope of liability of board members or employees of the system for gross negligence or fraud in the investment of the retirement fund assets, nor to lessen the scope of liability of the board or system for breach of fiduciary duty pertaining to the administration of the plan.(Amended by Stats. 1996, Ch. 634, Sec. 61. Effective January 1, 1997.)
CA Educ Code § 22256 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22256.

22256.  A board member or officer shall be liable for a breach of fiduciary responsibility of another board member or officer with respect to the system in the following circumstances:(a) If the board member or officer knowingly participates in, or knowingly undertakes to conceal an act or omission of the other board member or officer knowing that the act or omission is a breach.(b) If the board member’s or officer’s failure to comply with his or her responsibilities as set forth in Section 22251, 22252, or 22253 has enabled another board member or officer to commit a breach.(c) If the board member or officer has knowledge of a breach unless the board member or officer makes reasonable efforts under the circumstances to remedy the breach.(Repealed and added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 22257 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22257.

22257.  (a) Notwithstanding Section 22203, the board may contract with or appoint one or more investment managers to manage the assets of the retirement fund. If the board has acted with care, skill, prudence, and diligence in meeting the requirements of Sections 22252 and 22253 in selecting and monitoring the investment managers, then, notwithstanding Sections 22250, 22252, 22253, 22254, and 22256, no board member shall be liable for the acts or omissions of the investment managers or be under any obligation to invest or otherwise manage any assets of the retirement fund that are subject to the management of the investment managers.(b) Incorporation of the fiduciary duty set forth in Section 22250 into the terms of a contract between the system and an investment manager shall be admissible as evidence that the board has acted with care, skill, prudence, and diligence in the selection of the investment manager.(Repealed and added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 22258 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22258.

22258.  Notwithstanding Section 13340 of the Government Code, there is hereby continuously appropriated, without regard to fiscal years, from the retirement fund to the board, the amount necessary to pay for any insurance obtained pursuant to Section 7511 of the Government Code. These payments shall be made upon warrants drawn by the Controller upon demands made by the board.(Added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 22259 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22259.

22259.  (a) All board members and officers and employees of the system shall execute a fidelity bond, in an amount determined by the board to be prudent, conditioned upon the faithful performance of the duties of the board member or employee.(b) All board members and officers and all staff of the investment division who are authorized to invest funds shall be covered with fiduciary liability insurance in an amount determined by the board to be prudent.(Amended by Stats. 1996, Ch. 634, Sec. 62. Effective January 1, 1997.)
CA Educ Code § 22260 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22260.

22260.  Notwithstanding any other provision of law, the system may provide credit enhancement for bonds, notes, certificates of participation, or other evidences of indebtedness of an employer, provided that any credit enhancement transaction satisfies the requirement of Section 22250 and does not constitute a prohibited transaction for purposes of Section 503 of the United States Internal Revenue Code.(Added by Stats. 1998, Ch. 1076, Sec. 4. Effective January 1, 1999.)
CA Educ Code § 22261 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 4 - Fiduciary Duties|Section 22261.

22261.  Notwithstanding any other provision of law, the board may make investments related to the planning, development, or acquisition of surplus real property owned by an employer, if the investment satisfies the requirements of Section 22250 and does not constitute a prohibited transaction for purposes of Section 503 of the Internal Revenue Code.(Added by Stats. 2002, Ch. 903, Sec. 1. Effective January 1, 2003.)
CA Educ Code § 22300 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 5 - Administration|Section 22300.

22300.  The chief executive officer is the chief administrative officer of the system. The chief executive officer may administer oaths.(Repealed and added by Stats. 1993, Ch. 893, Sec. 2. Effective January 1, 1994.)
CA Educ Code § 22301 (2021)
2021 California Code|Education Code - EDC|TITLE 1 - GENERAL EDUCATION CODE PROVISIONS|DIVISION 1 - GENERAL EDUCATION CODE PROVISIONS|PART 13 - STATE TEACHERS' RETIREMENT SYSTEM|CHAPTER 5 - Administration|Section 22301.

22301.  The chief executive officer has the authority and responsibility for the administration of the system and the plan pursuant to the policies and rules adopted by the board. The chief executive officer may delegate to his or her subordinates any act or duty unless the board by motion or resolution recorded in its minutes has required the chief executive officer to act personally.(Amended by Stats. 1996, Ch. 634, Sec. 63. Effective January 1, 1997.)