California Unemployment Insurance Code

§ 1555

UIC § 1555Div. 1 · Part 1 · Ch. 6 · Art. 3

Statute text

The Unemployment Administration Fund is continued in existence as a special fund in the State Treasury. All money which is deposited or paid into this fund, except any money deposited pursuant to Section 1528.5, is hereby continuously appropriated and made available to the director for the purposes authorized in this article without regard to fiscal years. Any balances in this fund shall not lapse at any time, but shall be continuously available to the director for expenditure consistent with the purposes authorized.

Legislative history

Amended by Stats. 1965, Ch. 649.