485BPOS 1 cal-partc.txt RIVERSOURCE CALIFORNIA TAX-EXEMPT TRUST SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Pre-Effective Amendment No. Post-Effective Amendment No. 38 (File No. 33-5103) [X] and/or REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 Amendment No. 48 (File No. 811-4646) [X] RIVERSOURCE CALIFORNIA TAX-EXEMPT TRUST 50606 Ameriprise Financial Center Minneapolis, Minnesota 55474 Scott R. Plummer 5228 Ameriprise Financial Center Minneapolis, MN 55474 (612) 671-1947 Approximate Date of Proposed Public Offering: It is proposed that this filing will become effective (check appropriate box) [ ] immediately upon filing pursuant to paragraph (b) [X] on Feb. 28, 2007 pursuant to paragraph (b) [ ] 60 days after filing pursuant to paragraph (a)(1) [ ] on (date) pursuant to paragraph (a)(1) [ ] 75 days after filing pursuant to paragraph (a)(2) [ ] on (date) pursuant to paragraph (a)(2) of rule 485 If appropriate, check the following box: [ ] this post-effective amendment designates a new effective date for a previously filed post-effective amendment. PART A. The Prospectus for RiverSource California, Massachusetts, Michigan, Minnesota, New York and Ohio Tax-Exempt Funds filed on or about Feb. 27, 2007 in Post-Effective Amendment No. 44 to Registration Statement 33-5102 is incorporated herein by reference. PART B. The Statement of Additional Information and Financial Statements for RiverSource California, Massachusetts, Michigan, Minnesota, New York and Ohio Tax-Exempt Funds filed on or about Feb. 27, 2007 in Post-Effective Amendment No. 44 to Registration Statement 33-5102 is incorporated herein by reference. PART C. OTHER INFORMATION Item 23. Exhibits (a) Amended and Restated Agreement and Declaration of Trust, dated April 7, 1986, amended April 21, 2006, filed electronically on or about Oct. 26, 2006 as Exhibit (a) to Registrant's Post-Effective Amendment No. 37 to Registration Statement No. 33-5103 is incorporated by reference. (b) By-laws, dated April 7, 1986, amended April 13, 2006, filed electronically on or about Oct. 26, 2006 as Exhibit (b) to Registrant's Post-Effective Amendment No. 37 to Registration Statement No. 33-5103 are incorporated by reference. (c) Certificate for shares of beneficial interest, filed as Exhibit 4 to Pre-Effective Amendment No. 1 to Registration Statement No. 33-5103, is incorporated by reference. (d) Investment Management Services Agreement, amended and restated, dated May 1, 2006, between Registrant and RiverSource Investments, LLC filed electronically on or about Oct. 26, 2006 as Exhibit (d) to Registrant's Post-Effective Amendment No. 37 to Registration Statement No. 33-5103 is incorporated by reference. (e)(1) Distribution Agreement, effective as of Oct. 1, 2005, amended and restated as of Aug. 1, 2006, between Registrant and Ameriprise Financial Services, Inc. filed electronically on or about Sept. 19, 2006 as Exhibit (e)(1) to RiverSource Diversified Income Series, Inc. Post-Effective Amendment No. 61 to Registration Statement No. 2-51586 is incorporated by reference. (e)(2) Distribution Agreement, effective as of Aug. 1, 2006, between Registrant and RiverSource Distributors, Inc. filed electronically on or about Sept. 19, 2006 as Exhibit (e)(2) to RiverSource Diversified Income Series, Inc. Post-Effective Amendment No. 61 to Registration Statement No. 2-51586 is incorporated by reference. (f) Bonus or Profit Sharing Contracts: Not Applicable (g)(1) Custody Agreement, dated Nov. 10, 2005, between Registrant and U.S. Bank National Association filed electronically on or about Jan. 27, 2006 as Exhibit (g) to AXP High Yield Tax-Exempt Series, Inc. Post-Effective Amendment No. 47 to Registration Statement No. 2-63552 is incorporated by reference. (g)(2) Amendment, dated July 13, 2006, to the Custody Agreement between Registrant and U.S. Bank National Association filed electronically on or about Oct. 26, 2006 as Exhibit (g)(2) to RiverSource Diversified Income Series, Inc. Post-Effective Amendment No. 62 to Registration Statement No. 2-51586 is incorporated by reference. (h)(1) Administrative Services Agreement, amended and restated as of May 1, 2006, between Registrant and Ameriprise Financial, Inc. filed electronically on or about May 24, 2006 as Exhibit (h)(2) to RiverSource Selected Series, Inc. Post-Effective Amendment No. 44 to Registration Statement No. 2-93745 is incorporated by reference. (h)(2) Transfer Agency Agreement, amended and restated as of Dec. 1, 2006, between Registrant and RiverSource Service Corporation filed electronically on or about Jan. 26, 2007 as Exhibit (h)(3) to RiverSource Equity Series, Inc. Post-Effective Amendment No. 103 to Registration Statement No. 2-13188 is incorporated by reference. (h)(3) Master Plan Administration Services Agreement, dated Dec. 1, 2006, between Registrant and RiverSource Service Corporation filed electronically on or about Jan. 26, 2007 as Exhibit (h)(4) to RiverSource Equity Series, Inc. Post-Effective Amendment No. 103 to Registration Statement No. 2-13188 is incorporated by reference. (h)(4) Master Fee Cap/Fee Waiver Agreement, dated, Oct. 1, 2005, as amended Sept. 1, 2006, between RiverSource Investments, LLC, Ameriprise Financial, Inc., RiverSource Service Corporation, Ameriprise Financial Services, Inc. and the RiverSource Funds filed electronically on or about Oct. 26, 2006 as Exhibit (h)(9) to RiverSource Diversified Income Series, Inc. Post-Effective Amendment No. 62 to Registration Statement No. 2-51586 is incorporated by reference. (h)(5) License Agreement, amended and restated, dated May 1, 2006, between Ameriprise Financial, Inc. and RiverSource Funds filed electronically on or about May 24, 2006 as Exhibit (h)(5) to RiverSource Selected Series, Inc. Post-Effective Amendment No. 44 to Registration Statement No. 2-93745 is incorporated by reference. (i) Opinion and consent of counsel as to the legality of the securities being registered is filed electronically herewith. (j) Consent of Independent Registered Public Accounting Firm is filed electronically herewith. (k) Omitted Financial Statements: Not Applicable (l) Initial Capital Agreements: Not Applicable. (m)(1) Plan and Agreement of Distribution, amended and restated as of Dec. 1, 2006, between Registrant and Ameriprise Financial Services, Inc. filed electronically on or about Jan. 26, 2007 as Exhibit (m)(1) to RiverSource Equity Series, Inc. Post-Effective Amendment No. 103 to Registration Statement No. 2-13188 is incorporated by reference. (m)(2) Plan and Agreement of Distribution, amended and restated as of Dec. 1, 2006, between Registrant and RiverSource Distributors, Inc. filed electronically on or about Jan. 26, 2007 as Exhibit (m)(2) to RiverSource Equity Series, Inc. Post-Effective Amendment No. 103 to Registration Statement No. 2-13188 is incorporated by reference. (n) Rule 18f - 3(d) Plan, amended and restated as of Dec. 11, 2006, filed electronically on or about Jan. 26, 2007 as Exhibit (n) to RiverSource Equity Series, Inc. Post-Effective Amendment No. 103 to Registration Statement No. 2-13188 is incorporated by reference. (o) Reserved. (p)(1) Code of Ethics adopted under Rule 17j-1 for Registrant filed electronically on or about Dec. 22, 2006 as Exhibit (p)(1) to RiverSource International Series, Inc. Post-Effective Amendment No. 46 to Registration Statement No. 2-92309, is incorporated by reference. (p)(2) Codes of Ethics adopted under Rule 17j-1 for Registrant's investment adviser and principal underwriter, dated Jan. 2007 and April 2006, filed electronically on or about Jan. 26, 2007 as Exhibit (p)(2) to RiverSource Equity Series, Inc. Post-Effective Amendment No. 103 to Registration Statement No. 2-13188 is incorporated by reference. (q)(1) Directors/Trustees Power of Attorney to sign Amendments to this Registration Statement, dated Dec. 5, 2006 is filed electronically herewith as Exhibit (q)(1) to Registrant's Post-Effective Amendment No. 38 to Registration Statement No. 33-5103. (q)(2) Officers Power of Attorney to sign Amendments to this Registration Statement, dated Jan. 9, 2002, is incorporated by reference. Item 24. Persons Controlled by or Under Common Control with Registrant: None. Item 25. Indemnification The Agreement and Declaration of Trust of the registrant provides that the Trust shall indemnify any person who was or is a party or is threatened to be made a party, by reason of the fact that she or he is or was a trustee, officer, employee or agent of the Trust, or is or was serving at the request of the Trust as a trustee, officer, employee or agent of another company, partnership, joint venture, trust or other enterprise, to any threatened, pending or completed action, suit or proceeding, wherever brought, and the Trust may purchase liability insurance and advance legal expenses, all to the fullest extent permitted by the laws of the State of Massachusetts, as now existing or hereafter amended. The By-laws of the registrant provide that present or former trustees or officers of the Trust made or threatened to be made a party to or involved (including as a witness) in an actual or threatened action, suit or proceeding shall be indemnified by the Trust to the full extent authorized by the Massachusetts Business Corporation Act, all as more fully set forth in the By-laws filed as an exhibit to this registration statement. Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to trustees, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a trustee, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such trustee, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. Any indemnification hereunder shall not be exclusive of any other rights of indemnification to which the trustees, officers, employees or agents might otherwise be entitled. No indemnification shall be made in violation of the Investment Company Act of 1940.
Item 26. Business and Other Connections of Investment Adviser (RiverSource Investments, LLC.) Directors and officers of RiverSource Investments, LLC. who are directors and/or officers of one or more other companies: Name and Title Other company(s) Address* Title within other company(s) ------------------------- ----------------------- ------------------------- ----------------------- Neysa M. Alecu Advisory Capital Partners LLC Anti-Money Laundering Anti-Money Laundering Officer Officer Advisory Capital Strategies Anti-Money Laundering Group Inc. Officer Advisory Convertible Arbitrage Anti-Money Laundering LLC Officer Advisory Select LLC Anti-Money Laundering Officer American Enterprise Anti-Money Laundering Investment Services, Inc. Officer American Enterprise Life Insurance Anti-Money Laundering Company Officer American Enterprise REO 1 LLC Anti-Money Laundering Officer American Express Asset Management Anti-Money Laundering International, Inc. Officer American Express Insurance Anti-Money Laundering Agency of Alabama Inc. Officer American Express Insurance Anti-Money Laundering Agency of Arizona Inc. Officer American Express Insurance Anti-Money Laundering Agency of Idaho Inc. Officer American Express Insurance Anti-Money Laundering Agency of Maryland Inc. Officer American Express Insurance Anti-Money Laundering Agency of Massachusetts Inc. Officer American Express Insurance Anti-Money Laundering Agency of Nevada Inc. Officer American Express Insurance Anti-Money Laundering Agency of New Mexico Inc. Officer American Express Insurance Anti-Money Laundering Agency of Oklahoma Inc. Officer American Express Insurance Anti-Money Laundering Agency of Texas Inc. Officer American Express Insurance Anti-Money Laundering Agency of Wyoming Inc. Officer American Partners Life Anti-Money Laundering Insurance Company Officer Ameriprise Auto & Home Insurance Anti-Money Laundering Agency Inc. Officer Ameriprise Certificate Company Anti-Money Laundering Officer Ameriprise Financial Inc. Anti-Money Laundering Ameriprise Financial Services, Anti-Money Laundering Inc. Officer Boston Equity General Anti-Money Laundering Partner LLC Officer IDS Capital Holdings Inc. Anti-Money Laundering Officer IDS Life Insurance Company Anti-Money Laundering Officer IDS Management Corporation Anti-Money Laundering Officer RiverSource Distributors Inc. Anti-Money Laundering Officer RiverSource Service Corporation Anti-Money Laundering Officer Ward D. Armstrong Ameriprise Express Asset Director Director and Senior Management International Inc. Vice President Ameriprise Financial Inc. Senior Vice President - Retirement Services and Asset Management Group Ameriprise Financial Senior Vice President - Services Inc. Retirement Services and Asset Management Group Ameriprise Trust Director and Chairman of Company the Board Kenwood Capital Management LLC Manager John M. Baker Ameriprise Financial Inc. Vice President - Plan Sponsor Vice President Services Ameriprise Financial Vice President - Chief Client Services Inc. Service Officer Ameriprise Trust Director and Senior Vice President Company Dimitris Bertsimas None None Vice President and Senior Portfolio Manager Walter S. Berman Advisory Capital Partners LLC Treasurer Treasurer Advisory Capital Strategies Treasurer Group Inc. Advisory Convertible Arbitrage Treasurer LLC Advisory Select LLC Treasurer American Centurion Life Vice President and Treasurer Assurance Company American Enterprise Life Vice President and Treasurer Insurance Company American Enterprise REO 1, LLC Treasurer American Express Asset Management Treasurer International, Inc. American Express Vice President and Treasurer Financial Advisors Services Japan Inc. American Express Insurance Treasurer Agency of Alabama Inc. American Express Insurance Treasurer Agency of Arizona Inc. American Express Insurance Treasurer Agency of Idaho Inc. American Express Insurance Treasurer Agency of Maryland Inc. American Express Insurance Treasurer Agency of Massachusetts Inc. American Express Insurance Treasurer Agency of Nevada Inc. American Express Insurance Treasurer Agency of New Mexico Inc. American Express Insurance Treasurer Agency of Oklahoma Inc. American Express Insurance Treasurer Agency of Wyoming Inc. American Express Property Treasurer Casualty Insurance Agency of Kentucky Inc. American Express Property Treasurer Casualty Insurance Agency of Maryland Inc. American Express Property Treasurer Casualty Insurance Agency of Pennsylvania Inc. American Partners Life Vice President and Treasurer Insurance Company Ameriprise Auto & Home Insurance Treasurer Agency Inc. Ameriprise Certificate Company Treasurer Ameriprise Financial Inc. Executive Vice President and Chief Financial Ameriprise Financial Director Services Inc. Ameriprise Insurance Company Treasurer AMEX Assurance Company Treasurer Boston Equity General Treasurer Partner LLC IDS Cable Corporation Treasurer IDS Cable II Corporation Treasurer IDS Capital Holdings Inc. Treasurer IDS Life Insurance Company Vice President and Treasurer IDS Life Insurance Company Vice President and Treasurer of New York IDS Management Corporation Treasurer IDS Partnership Services Treasurer Corporation IDS Property Casualty Treasurer Insurance Company IDS Realty Corporation Treasurer IDS REO 1, LLC Treasurer IDS REO 2, LLC Treasurer Investors Syndicate Vice President and Treasurer Development Corp. Kenwood Capital Treasurer Management LLC RiverSource Service Corporation Treasurer RiverSource Tax Advantaged Treasurer Investments Inc. Threadneedle Asset Management Director Holdings LTD Richard N. Bush Advisory Capital Partners LLC Senior Vice President - Corporate Tax Senior Vice President - Corporate Tax Advisory Capital Strategies Senior Vice President - Corporate Tax Group Inc. Advisory Convertible Arbitrage Senior Vice President - Corporate Tax LLC American Centurion Life Senior Vice President - Corporate Tax Assurance Company American Enterprise Investment Senior Vice President - Corporate Tax Services Inc American Enterprise Life Senior Vice President - Corporate Tax Insurance Company American Enterprise REO 1 LLC Senior Vice President - Corporate Tax American Express Asset Senior Vice President - Corporate Tax Management International Inc American Express Financial Senior Vice President - Corporate Tax Advisors Japan Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Alabama Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Arizona Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Idaho Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Maryland Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Massachusetts Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Nevada Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of New Mexico Inc American Express Insurance Senior Vice President - Corporate Tax Agency of Oklahoma Inc. American Express Insurance Senior Vice President - Corporate Tax Agency of Wyoming Inc. American Express Property Senior Vice President - Corporate Tax Casualty Insurance Agency of Kentucky Inc. American Express Property Senior Vice President - Corporate Tax Casualty Insurance Agency of Maryland Inc. American Express Property Senior Vice President - Corporate Tax Casualty Insurance Agency of Pennsylvania Inc. American Partners Life Senior Vice President - Corporate Tax Insurance Company Ameriprise Financial Inc. Senior Vice President - Corporate Tax Ameriprise Financial Services Senior Vice President - Corporate Tax Inc. Ameriprise Insurance Company Senior Vice President - Corporate Tax AMEX Assurance Company Senior Vice President - Corporate Tax Boston Equity General Partner LLC Senior Vice President - Corporate Tax IDS Cable Corporation Senior Vice President - Corporate Tax IDS Cable II Corporation Senior Vice President - Corporate Tax IDS Capital Holdings Inc. Senior Vice President - Corporate Tax IDS Futures Corporation Senior Vice President - Corporate Tax IDS Life Insurance Company Senior Vice President - Corporate Tax IDS Life Insurance Company of Senior Vice President - Corporate Tax New York IDS Management Corporation Senior Vice President - Corporate Tax IDS Property Casualty Insurance Senior Vice President - Corporate Tax Company IDS Realty Corporation Senior Vice President - Corporate Tax IDS REO 1 LLC Senior Vice President - Corporate Tax IDS REO 2 LLC Senior Vice President - Corporate Tax RiverSource Service Corporation Senior Vice President - Corporate Tax Riversource Tax Advantaged Senior Vice President - Corporate Tax Investments Inc. Kevin J. Callahan None None Vice President Ted S. Dryden Ameriprise Certificate Company Chief Compliance Officer Acting Chief Compliance Officer Kenwood Capital Management LLC Acting Chief Compliance Officer Robert D. Ewing Advisory Capital Strategies Vice President Vice President and Senior Group Inc. Portfolio Manager Boston Equity General Vice President Partner LLC Peter A. Gallus Advisory Capital Partners LLC President, Chief Operating Officer Senior Vice President, and Chief Compliance Officer Chief Operating Officer and Assistant Treasurer Advisory Capital Strategies Director, President, Chief Operating Group Inc. Officer and Chief Compliance Officer Advisory Convertible Arbitrage LLC President, Chief Operating Officer and Chief Compliance Officer Advisory Select LLC Vice President and Chief Compliance Officer American Express Asset Assistant Treasurer Management International, Inc. Ameriprise Financial Inc. Vice President - Investment Administration Ameriprise Financial Vice President - CAO Services Inc. Investment Management Boston Equity General President, Chief Operating Officer Partner LLC and Chief Compliance Officer IDS Capital Holdings Inc. Vice President and Controller Kenwood Capital Management LLC Manager Jim Hamalainen American Centurion Life Assurance Company Vice President - Investments Vice President - Asset Liability Management American Enterprise Life Insurance Company Vice President - Investments American Partners Life Insurance Company Vice President - Investments Ameriprise Financial Inc. Assistant Treasurer IDS Life Insurance Company Vice President - Investments IDS Life Insurance Company of New York Vice President - Investments James C. Jackson None None Vice President and Senior Portfolio Manager Christopher P. Keating Ameriprise Trust Company Director Head of Institutional Sales, Client Service and Consultant Relationships Michelle M. Keeley American Centurion Life Vice President-Investments Director and Executive Vice Assurance Company President - Equity and Fixed Income American Enterprise Life Vice President-Investments Insurance Company American Express Director Asset Management International Inc. American Partners Life Vice President-Investments Insurance Company Ameriprise Vice President-Investments Certificate Company Ameriprise Financial Inc. Executive Vice President-Equity and Fixed Income Ameriprise Financial Executive Vice President-Equity and Services Inc. Fixed Income Ameriprise Insurance Company Vice President-Investments AMEX Assurance Company Vice President-Investments IDS Life Insurance Company Vice President-Investments IDS Property Casualty Insurance Vice President-Investments Company Kenwood Capital Management LLC Manager Brian J. McGrane Advisory Capital Partners LLC Vice President and Chief Financial Vice President and Officer Chief Financial Officer Advisory Capital Vice President and Chief Financial Strategies Group Inc. Officer Advisory Convertible Vice President and Chief Financial Arbitrage LLC Officer Advisory Select LLC Vice President and Chief Financial Officer American Enterprise Life Director, Executive Vice President Life Insurance Company and Chief Financial Officer American Express Asset Vice President and Chief Financial Management International Inc. Officer Ameriprise Vice President and Chief Financial Certificate Company Officer Ameriprise Financial Inc. Senior Vice President and Lead Financial Officer Finance Ameriprise Financial Vice President and Lead Services Inc. Financial Officer Finance Ameriprise Trust Company Director Boston Equity General Vice President and Chief Financial Partner LLC Officer IDS Life Insurance Company Director, Executive Vice President and Chief Financial Officer Thomas R. Moore American Centurion Life Secretary Secretary Assurance Company American Enterprise Investment Secretary Services Inc. American Enterprise Life Secretary Insurance Company American Enterprise REO 1 LLC Secretary American Express Insurance Secretary Agency of Alabama Inc. American Express Insurance Secretary Agency of Arizona Inc. American Express Insurance Secretary Agency of Idaho Inc. American Express Insurance Secretary Agency of Maryland Inc. American Express Insurance Secretary Agency of Massachusetts Inc. American Express Insurance Secretary Agency of Nevada Inc. American Express Insurance Secretary Agency of New Mexico Inc. American Express Insurance Secretary Agency of Oklahoma Inc. American Express Insurance Secretary Agency of Wyoming Inc. American Partners Life Secretary Insurance Company Ameriprise Financial Inc. Secretary Ameriprise Financial Secretary Services Inc. Ameriprise Trust Company Secretary IDS Cable Corporation Secretary IDS Cable II Corporation Secretary IDS Capital Holdings Inc. Secretary IDS Life Insurance Company Secretary IDS Life Insurance Company Secretary of New York IDS Management Corporation Secretary IDS Realty Corporation Secretary IDS REO 1 LLC Secretary IDS REO 2 LLC Secretary Investors Syndicate Secretary Development Corporation RiverSource Distributors Inc. Secretary RiverSource Service Corporation Secretary RiverSource Tax Advantaged Secretary Investments Inc. Thomas W. Murphy American Centurion Life Vice President - Investments Vice President and Senior Assurance Company Sector Manager American Enterprise Life Vice President - Investments Insurance Company American Partners Life Vice President - Investments Insurance Company Ameriprise Certificate Company Vice President - Investments Ameriprise Insurance Company Vice President - Investments AMEX Assurance Company Vice President - Investments IDS Life Insurance Company Vice President - Investments IDS Life Insurance Company Vice President - Investments of New York IDS Property Casualty Vice President - Investments Insurance Company Patrick T. Olk None None Vice President Benji Orr Advisory Capital Partners LLC Deputy Anti-Money Laundering Deputy Anti-Money Officer Laundering Officer Advisory Capital Strategies Group Deputy Anti-Money Laundering Inc. Officer Advisory Convertible Arbitrage Deputy Anti-Money Laundering LLC Officer Advisory Select LLC Deputy Anti-Money Laundering Officer American Enterprise Investment Deputy Anti-Money Laundering Services Inc Officer American Enterprise Life Deputy Anti-Money Laundering Insurance Company Officer American Enterprise REO 1 LLC Deputy Anti-Money Laundering Officer American Express Asset Management Deputy Anti-Money Laundering International Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Alabama Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Arizona Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Idaho Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Maryland Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Massachusetts Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Nevada Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of New Mexico Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Oklahoma Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Texas Inc. Officer American Express Insurance Agency Deputy Anti-Money Laundering of Wyoming Inc. Officer American Partners Life Insurance Deputy Anti-Money Laundering Company Officer Ameriprise Auto & Home Insurance Deputy Anti-Money Laundering Agency Inc. Officer Ameriprise Certificate Company Deputy Anti-Money Laundering Officer Ameriprise Financial Inc. Deputy Anti-Money Laundering Officer Ameriprise Financial Services, Deputy Anti-Money Laundering Inc. Officer Boston Equity General Partner LLC Deputy Anti-Money Laundering Officer IDS Capital Holdings Inc. Deputy Anti-Money Laundering Officer IDS Life Insurance Company Deputy Anti-Money Laundering Officer IDS Management Corporation Deputy Anti-Money Laundering Officer RiverSource Distributors Inc. Deputy Anti-Money Laundering Officer RiverSource Service Corporation Deputy Anti-Money Laundering Officer Jennifer L. Ponce De Leon None None Vice President and Senior Sector Manager High Yield Warren E. Spitz None None Vice President and Senior Portfolio Manager Nainoor C. "Nick" Thakore Advisory Capital Strategies Vice President Vice President and Senior Group, Inc. Portfolio Manager Boston Equity General Vice President Partner LLC William F. "Ted" Truscott Advisory Capital Strategies Director President, Chairman of the Group Inc. Board and Chief Investment Officer American Express Asset Director Management International, Inc. Ameriprise Certificate Company Director, President and Chief Executive Officer Ameriprise Financial Inc. President - U.S. Asset Management and Chief Investment Officer Ameriprise Financial Senior Vice President and Services Inc. Chief Investment Officer IDS Capital Holdings Inc. Director and President Kenwood Capital Management LLC Manager RiverSource Distributors, Inc. Director Threadneedle Asset Management Director Holdings LTD * Unless otherwise noted, address is 70100 Ameriprise Financial Center, Minneapolis, MN 55474.
Item 27. Principal Underwriters (a) Not Applicable. (b) Not Applicable. (c) Not Applicable. Item 28. Location of Accounts and Records Ameriprise Financial, Inc. 70100 Ameriprise Financial Center Minneapolis, MN 55474 Item 29. Management Services Not Applicable. Item 30. Undertakings Not Applicable. SIGNATURES Pursuant to the requirements of the Securities Act and the Investment Company Act, the Registrant, RIVERSOURCE CALIFORNIA TAX-EXEMPT TRUST, certifies that it meets all of the requirements for effectiveness of this Amendment to its Registration Statement under Rule 485(b) and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Minneapolis, and State of Minnesota on the 27th day of Feb., 2007. RIVERSOURCE CALIFORNIA TAX-EXEMPT TRUST By /s/ Patrick T. Bannigan ----------------------- Patrick T. Bannigan President By /s/ Jeffrey P. Fox ----------------------- Jeffrey P. Fox Treasurer Pursuant to the requirements of the Securities Act, this Amendment to the Registration Statement has been signed below by the following persons in the capacities indicated on the 27th day of Feb., 2007. Signature Capacity /s/ Stephen R. Lewis, Jr.* Chair of the Board --------------------------------- Stephen R. Lewis, Jr. /s/ Kathleen A. Blatz* Trustee --------------------------------- Kathleen A. Blatz /s/ Arne H. Carlson* Trustee --------------------------------- Arne H. Carlson /s/ Patricia M. Flynn* Trustee --------------------------------- Patricia M. Flynn /s/ Anne P. Jones* Trustee --------------------------------- Anne P. Jones /s/ Jeffrey Laikind* Trustee --------------------------------- Jeffrey Laikind /s/ Catherine James Paglia* Trustee --------------------------------- Catherine James Paglia /s/ Alison Taunton-Rigby* Trustee --------------------------------- Alison Taunton-Rigby /s/ William F. Truscott* Trustee --------------------------------- William F. Truscott *Signed pursuant to Directors/Trustees Power of Attorney, dated Dec. 5, 2006, filed electronically herewith as Exhibit (q)(1) to Registrant's Post-Effective Amendment No. 38 to Registration Statement No. 33-5103, by: /s/ Scott R. Plummer --------------------------------- Scott R. Plummer CONTENTS OF THIS POST-EFFECTIVE AMENDMENT NO. 38 TO REGISTRATION STATEMENT NO. 33-5103 This Post-Effective Amendment comprises the following papers and documents: The facing sheet. PART A The prospectus. PART B Statement of Additional Information. Financial Statements. PART C Other information. The signatures.