§ 5.9-2. TREASURY OVERSIGHT COMMITTEE - DUTIES.

Latest version.

The duties of the Committee shall be the following:
(a) Review and monitor the investment policy described in California Government Code Section 27133 and annually prepared by the Treasurer; and
(b) Cause an annual audit to be conducted to determine the Treasurer’s compliance with California Government Code Article 6 including Sections 27130 through 27137 and with the provisions of Article XIII of Chapter 10 of the Administrative Code. The audit may examine the structure of the investment portfolio and risk.
(c) The Committee shall meet at least once every four months.
(Added as Sec. 10.80-2 by Ord. 316-00, File No. 001911, App. 12/28/2000; amended by Ord. 291-10, File No. 101099, App. 11/18/2010; redesignated and amended by Ord. , File No. 180171, App. 5/17/2018, Eff. 6/17/2018)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');