Section 20573 Of Article 5. Termination Of Contracts From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 5. >> Article 5.
20573
. Notwithstanding any other provision of law, the board may
negotiate with the governing board of the terminating agency, or the
governing board of any agency or agencies which may be assuming any
portion of the liabilities of the terminating agency as to the
effective date of termination and the terms and conditions of the
termination and of the payment of unfunded liabilities.
For purposes of payment of unfunded actuarial liabilities this
section shall also apply to inactive contracting agencies, or an
inactive member category as determined by the board.