Cal. Ed. Code § 25102

Current through the 2023 Legislative Session.
Section 25102 - Registration offered annually; renewal period; notice; update of information; registration of additional products

Registration shall be offered to vendors once annually, and renewal of registration shall be required at least once every five years thereafter for vendors that wish to continue to participate. The board shall provide public notice prior to the initial registration, annual registration, and registration renewal periods. The board may require, through a password-based update system that allows vendors to access the registration list for the purposes of updating their product information, or through other means, an update of the information required to be provided under Section 25101 with each registration renewal. Registered vendors shall submit to the board within the time required by the Securities and Exchange Commission an amendment to the information required to be provided under Section 25101 to reflect material changes to the products or services offered that occur between registration or renewal periods. Registered vendors may register additional 403(b) products with the board between registration or renewal periods by providing the board the information required under Section 25101 and fees required under subdivision (c) of Section 25108. Upon receipt of information reflecting material changes or additions to the products or services offered by registered vendors that occur between registration or renewal periods, the board shall reflect those changes in the impartial investment information bank established pursuant to Section 25104 within the time required by the Securities and Exchange Commission.

Ca. Educ. Code § 25102

Added by Stats 2002 ch 1095 (AB 2506),s 2, eff. 1/1/2003.
Former §§ 25100 through 25120 were renumbered as § 25901 through 25920by Stats 2000 ch 74 (AB 1509), s 64, eff. 1/1/2001.