Section 25109 Of Chapter 39. School Employer Retirement Investment Product Vendor Registration Process And Information Bank From California Education Code >> Division 1. >> Title 1. >> Part 13. >> Chapter 39.
25109
. (a) The board and the system, and its officers and
employees, are not responsible for, and may not be held liable for
the adequacy of the information provided by the participating vendors
contained in the information bank. The information bank maintained
by the board serves only to provide information supplied by the
participating vendors for the consideration of selection of 403(b)
products.
(b) Participating vendors may not utilize the system's logo, or
claim or infer any endorsement or recommendation by the board or the
system with respect to products and services identified by the
vendors in the information bank. At the discretion of the board, a
violation of this section may lead to removal from the registry. This
restriction does not apply to 403(b) products offered by the board
to school employees pursuant to Section 24950.
(c) The board and the system may not be held liable for the
actions of other registered vendors.