31772.1. The board shall provide a statement to the participant that displays the value or balance of the participant’s program account and summarizes any credits to the account or other transactions that occurred after the immediately preceding valuation date. The statement of account shall be provided at least once annually to each participant, and may be provided more often.(Added by Stats. 2003, Ch. 897, Sec. 1. Effective January 1, 2004.)
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