Section 50976 Of Article 6. Indemnity From California Government Code >> Division 1. >> Title 5. >> Part 1. >> Chapter 4.5. >> Article 6.
50976
. (a) The Board of Administration of the Public Employees'
Retirement System shall not be liable for any action or failure to
act by the board of the California State Fire Employees Welfare
Benefit Corporation. Upon transfer of the award system, the board of
the California State Fire Employees Welfare Benefit Corporation shall
assume all responsibilities and liabilities related to the award
system.
(b) As of the date of the transfer or termination of the award
system, the Board of Administration of the Public Employees'
Retirement System shall have no liability or responsibility for the
administration of the award system.