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California Unemployment Insurance Code

§ 1591

UIC § 1591Div. 1 · Part 1 · Ch. 6 · Art. 4.1

Statute text

View on leginfo.ca.gov
(a)There is in the State Treasury the Employment Development Department Building Fund. There shall be deposited in, or transferred to, the fund the following:
(1)All money received from the sale or lease of real property, the purchase, acquisition, or construction of which was made by an appropriation to the Employment Development Department for that specific purpose, which was amortized with federal funds paid out of the Unemployment Administration Fund.
(2)All interest earned by the fund.
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Legislative history

Added by Stats. 1989, Ch. 1036, Sec. 1.

Source: California Unemployment Insurance Code § 1591 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.