Section 41035 Of Article 3. Foundation Fund From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 1. >> Article 3.

. The governing board of a school district that invests money of the Foundation Fund pursuant to this article shall appoint an advisory committee equal in number to the number of members of the governing board. The committee shall be composed of qualified electors of the district and may include members of the governing board. Members of the committee shall serve without compensation.