Section 1590 Of Article 4. Contingent Fund From California Unemployment Insurance Code >> Division 1. >> Part 1. >> Chapter 6. >> Article 4.
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 unencumbered balance of the Contingent Fund which
at any time during any calendar year exceeds one million dollars
($1,000,000) to the Unemployment Fund and the Disability Fund in the
proportion that the year's estimated revenues for penalties and
interest relating to employer contributions attributable to the
Unemployment Fund bear to the year's estimated revenues for penalties
and interest relating to worker contributions attributable to the
Disability Fund.