CHAPTER 6. Financial Provisions

Chapter 6 enacted by Stats. 1953, Ch. 308.

§§ 1501–1611.5 · 49 sections

1. ARTICLE 1. Deposit Account § 1501 · 1 section

   • § 1501 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…
2. ARTICLE 2. Unemployment Fund §§ 1521–1537 · 22 sections

   • § 1521 The Unemployment Fund is continued in existence as a special fund, separate and apart from all public money or funds of this state. This fund shall consist of…
   • § 1522 The Unemployment Fund shall be administered by the director exclusively for the purposes of this division without liability upon the part of the State beyond…
   • § 1523 Withdrawals by the director from the Unemployment Fund are exempted from the operation of Sections 925.4 and 925.6 of the Government Code.
   • § 1524 The State Treasurer is ex officio the treasurer and custodian of the Unemployment Fund. He shall administer the fund in accordance with the directions of the…
   • § 1525 There shall be maintained within the fund three separate accounts: (a) A clearing account. (b) An Unemployment Trust Fund account. (c) A benefit account.
   • § 1526 All contributions and amounts payable to the Unemployment Fund after proper clearance shall be forwarded to the Treasurer who shall immediately deposit them in…
   • § 1526.1 All withheld income taxes and amounts payable to the Personal Income Tax Fund after proper clearance shall be forwarded to the Treasurer who shall immediately…
   • § 1526.2 All worker contributions and amounts payable to the Disability Fund after proper clearance shall be forwarded to the Treasurer who shall immediately deposit…
   • § 1526.3 All amounts specified in Section 1585 payable to the Contingent Fund after proper clearance shall be forwarded to the Treasurer who shall immediately deposit…
   • § 1526.4 All amounts payable to the Unemployment Administration Fund after proper clearance shall be forwarded to the Treasurer who shall immediately deposit them in…
   • § 1527 Immediately after clearance, all money in the clearing account except interest on contributions, and penalties collected shall be deposited in or invested in…
   • § 1528 The benefit account consists of all money requisitioned from this State’s account in the Unemployment Trust Fund, except money requisitioned for administration…
   • § 1528.5 (a) Money credited to the account of this state in the Unemployment Trust Fund by the Secretary of the Treasury of the United States of America pursuant to…
   • § 1529 Except as provided in Section 1528.5, money shall be requisitioned from this State’s account in the Unemployment Trust Fund solely for the payment of benefits…
   • § 1530 The provisions of this article to the extent that they relate to the Unemployment Trust Fund, shall be operative only so long as that fund continues to exist…
   • § 1531 The director shall, without presenting vouchers and itemized statements therefor, withdraw from the benefit account any sums which he deems necessary for the…
   • § 1532 Money in the benefit payment account shall be used solely to pay benefits pursuant to authorized regulations and no other disbursement shall be made therefrom,…
   • § 1533 Except as otherwise provided in this chapter, money in the clearing and benefit accounts may be deposited by the Treasurer, under the direction of the…
   • § 1534 Refunds or judgments payable pursuant to this part, may be paid from the clearing account or from the benefit account with respect to any money erroneously…
   • § 1535 During such time as the Federal Social Security Act and Federal Unemployment Tax Act are amended so as to remove the requirement that all money withdrawn from…
   • § 1536 Any amounts determined by the director or his authorized representatives to be payable to employing units as refunds of contributions erroneously paid which…
   • § 1537 Whenever any warrant drawn on an account in the Unemployment Fund or on the Unemployment Administration Fund or the Contingent Fund by the Controller remains…
3. ARTICLE 3. Administration Fund §§ 1555–1562 · 9 sections

   • § 1555 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,…
   • § 1556 Except for money deposited pursuant to Section 1528.5, the Unemployment Administration Fund shall consist of all money appropriated by this state for the…
   • § 1557 Money in the Unemployment Administration Fund shall not be commingled with other state funds, but shall be maintained in a separate account on the books of the…
   • § 1558 Except as provided by Section 1558.5, all money in the Unemployment Administration Fund shall be expended solely for the purpose of defraying the cost of the…
   • § 1558.5 Money in the Unemployment Administration Fund may be expended for any cost of administration under this code, or for any expenditure by the department…
   • § 1559 All money in the Unemployment Administration Fund shall be deposited, administered, and disbursed in the same manner and under the same conditions and…
   • § 1560 All money in the Unemployment Administration Fund, in excess of current requirements, and not otherwise invested, may be deposited by the State Treasurer in…
   • § 1561 The State Treasurer is liable on his official bond for the faithful performance of his duties in connection with the Unemployment Administration Fund. This…
   • § 1562 This state recognizes its obligations to replace, and pledges the faith of this state that funds shall be provided in the future, and applied to the…
4. ARTICLE 4. Contingent Fund §§ 1585–1590.5 · 8 sections

   • § 1585 There is in the State Treasury a special fund known as the Employment Development Department Contingent Fund. The Employment Development Department Contingent…
   • § 1585.5 (a) The director shall estimate the amount of penalties and interest collected by the department pursuant to Division 6 (commencing with Section 13000)…
   • § 1586 All amounts in the Contingent Fund are hereby continuously appropriated without regard to fiscal years for refund of amounts collected and erroneously…
   • § 1586.5 There is hereby appropriated from the Contingent Fund to the Employment Development Department an amount sufficient to augment an appropriation available from…
   • § 1588 Any amount authorized to be expended from the Contingent Fund for administration may be transferred to the Unemployment Administration Fund, but any amount not…
   • § 1589 In lieu of filing claims for refund and interest payable on refunds against each of the funds from which an amount has been determined to be due under this…
   • § 1590 Except as provided by Section 1585.5, the director shall from time to time determine, and the State Controller shall from time to time transfer, the…
   • § 1590.5 It is the intent of the Legislature that the Budget Act for each fiscal year shall appropriate the entire amount available in the Contingent Fund during the…
5. ARTICLE 4.1. Building Fund §§ 1591–1592 · 2 sections

   • § 1591 (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:…
   • § 1592 The Employment Development Department Building Fund shall be used for the acquisition, construction, or renovation of department facilities, necessary for the…
6. ARTICLE 4.5. Benefit Audit Fund §§ 1595–1596 · 2 sections

   • § 1595 There is in the State Treasury a special fund known as the Employment Development Department Benefit Audit Fund. There shall be deposited in, or transferred…
   • § 1596 All amounts in the Benefit Audit Fund are hereby continuously appropriated without regard to fiscal years for the refund of amounts collected and erroneously…
7. ARTICLE 5. Investments in or Expenditures for Property §§ 1601–1602 · 2 sections

   • § 1601 When money other than Disability Fund money is used in the purchase of property and in the construction of buildings, and appurtenant facilities, or in the…
   • § 1602 The department shall comply with all federal regulations with regard to the sale of property in which the federal government has an equity.
8. ARTICLE 6. Employment Training Fund §§ 1610–1611.5 · 3 sections

   • § 1610 There is in the State Treasury a special fund known as the Employment Training Fund. There shall be deposited in or transferred to this fund all contributions…
   • § 1611 Moneys in the Employment Training Fund shall be expended only for the purposes of Chapter 3.5 (commencing with Section 10200) of Part 1 of Division 3, and for…
   • § 1611.5 Notwithstanding Section 1611, the Legislature may appropriate from the Employment Training Fund an amount specified in the annual Budget Act to fund the local…