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California Unemployment Insurance Code

§ 1501

UIC § 1501Div. 1 · Part 1 · Ch. 6 · Art. 1

Statute text

View on leginfo.ca.gov
The director may in accordance with law deposit for the purpose of clearance by the director all money collected under this division, in a state or national bank in this state. After clearance the money so deposited shall be deposited in the State Treasury to the credit of the proper fund as prescribed in this division.

Legislative history

Amended by Stats. 1977, Ch. 1252.

Source: California Unemployment Insurance Code § 1501 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.