Government Code - GOV
TITLE 5. LOCAL AGENCIES [50001 - 57607]
( Title 5 added by Stats. 1949, Ch. 81. ) DIVISION 1. CITIES AND COUNTIES [50001 - 52203]
( Division 1 added by Stats. 1949, Ch. 81. ) PART 2. POWERS AND DUTIES EXERCISED JOINTLY BY CITIES AND COUNTIES [51300 - 51953]
( Part 2 added by Stats. 1949, Ch. 81. ) CHAPTER 1. Transfer of City Functions [51300 - 51350]
( Chapter 1 added by Stats. 1949, Ch. 81. ) ARTICLE 1. General [51300 - 51308]
( Article 1 added by Stats. 1949, Ch. 81. ) 51307.
The board of supervisors shall hold separately in trust pension money or property taken over by it from the city under the contract and all earnings, increases, and additions to such funds. The money or property shall be expended solely for the payment of the city’s portion of such pensions and incidental administrative expenses.
(Added by Stats. 1949, Ch. 81.)