2005 California Government Code Sections 22970.30-22970.33 CHAPTER 3. ADMINISTRATION OF THE PLAN

22970.30.  (a) Except as provided in this part, the plan shall be
administered by the board in conformity with its powers and duties
for administration of the system as set forth in Part 3 (commencing
with Section 20000).  The board shall, to the extent that it
determines feasible, follow the procedures set forth in Article 7
(commencing with Section 20220) of Chapter 2 of Part 3.
   (b) The board may retain a third-party administrator to perform
investment management, recordkeeping, customer service, or other plan
administration services and the expenses associated with such
retention shall be paid from the fund.
22970.31.  (a) The board shall adopt a plan instrument embodying the
material terms and conditions of the plan consistent with this part
and the applicable provisions of Title 26 of the United States Code.
   (b) The board may, as it deems necessary or appropriate, amend the
plan consistent with this part and the applicable provisions of
Title 26 of the United States Code.
22970.32.  With regard to the plan, the board shall not engage in
any transaction prohibited by subsection (b) of Section 503 of Title
26 of the United States Code.
22970.33.  The board may require a third-party administrator,
recordkeeper, custodian, or investment manager that is contracted
with, or appointed by, the system to be subject to the duties set
forth in Section 24032.