California · Public Utilities Code - PUC

PUC §8279: This article does not prevent the commission from applying this article to public utility retirement fund investments in other countries such as, but not limited to, Libya, if comparable conditions wa

What this law says, in plain English

This provision allows a commission to apply investment rules to public utility retirement funds in foreign countries under comparable conditions.

Read the full statutory text
This article does not prevent the commission from applying this article to public utility retirement fund investments in other countries such as, but not limited to, Libya, if comparable conditions warrant that application.

Verify at the official source: California legislative text

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