California Government Code

§ 31590.2

GOV § 31590.2 Effective Jan 1, 2025Div. 4 · Title 3 · Part 3 · Ch. 3 · Art. 5

Statute text

(a)(1) This section applies only to a retirement system in a county of the first class, as described in Sections 28020 and 28022.

(2)All warrants, checks, and electronic fund transfers drawn on the retirement fund shall be signed or authorized by at least two board officers or employees, designated by the board or by the treasurer if designated by the board. If the treasurer is designated by the board, the board shall also designate the auditor to sign or authorize warrants, checks, and electronic fund transfers. The authorization may be by blanket authorization of all warrants, checks, or electronic fund transfers appearing on a list or register, or may be by a standing order to draw warrants, checks, or electronic fund transfers, which shall be good until revoked. If the treasurer and auditor are designated by the board, a warrant, check, or electronic fund transfer is not valid until it is signed or authorized, numbered, and recorded by the county auditor, except as provided in subdivision (c).

(b)Any person entitled to the receipt of benefits may authorize the payment of the benefits to be deposited as follows:

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Legislative history

Added by Stats. 2024, Ch. 108, Sec. 3. (AB 2474) Effective January 1, 2025. Repealed as of January 1, 2028, by its own provisions.