Cal. Education Code § 22255
Cal. Education Code § 22255
California · California Education Code · Status: effective · Effective 1997-01-01
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- Citation
- Cal. Education Code § 22255, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/797212
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Full text
(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.