pages: SpecialRulesandLegislationCommittee/2006-07-13.pdf, 63
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SpecialRulesandLegislationCommittee | 2006-07-13 | Prudent Person Standard As Required By The California Constitution", Which Will Remove Investment Restrictions That Currently (1) Prohibit The Board From Investing More Than Fifty Percent Of The Retirement Fund In Equities (Stock And Mutual Funds) And (2) Prohibit Investment In Non-Dividend Paying Stocks Unless the Board Approves Such Investment In Advance On A Case-By-Case Basis (06-0560) | 63 | SpecialRulesandLegislationCommittee/2006-07-13.pdf |