Cal. Unemp. Ins. Code § 1561

Current through the 2023 Legislative Session.
Section 1561 - Liability of State Treasurer on official bond

The State Treasurer is liable on his official bond for the faithful performance of his duties in connection with the Unemployment Administration Fund. This liability shall exist in addition to any liability upon any separate bond now existing or which may be given in the future. All sums recovered on the official bond for losses sustained by the Unemployment Administration Fund shall be deposited in that fund.

Ca. Unemp. Ins. Code § 1561

Enacted by Stats. 1953, Ch. 311.