There is a newer version of the California Code
2007 California Government Code Chapter 7. Participation Accounts
CA Codes (gov:22970.60-22970.64)
GOVERNMENT CODESECTION 22970.60-22970.64
22970.60. Contributions made to the plan by the participant shall be credited to the participant's account. 22970.61. In the case of a contribution that is made under a mistake of fact, nothing in this part shall prohibit the return of that contribution to the participant within one year after discovery of the mistake. 22970.62. The net earnings of the fund shall be allocated to the participant's account as of each valuation date. 22970.63. The value of each participant's account shall be determined at least once annually in a manner prescribed by the board. 22970.64. A participant shall receive a statement that displays the value, or balance, of the participant's account and summarizes any credits to the account or other transactions.
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