Section 1529 Of Article 2. Unemployment Fund From California Unemployment Insurance Code >> Division 1. >> Part 1. >> Chapter 6. >> Article 2.
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 and in accordance with
authorized regulations. The director shall from time to time
requisition from the Unemployment Trust Fund such amounts, not
exceeding the amounts standing to this State's account therein, as he
deems necessary for the payment of benefits for a reasonable future
period. Upon receipt thereof the Treasurer shall deposit such money
in the benefit account of the Unemployment Fund. Any balance of money
requisitioned from the Unemployment Trust Fund which remains
unclaimed or unpaid in the benefit account after the expiration of
the period for which such sums were requisitioned shall either be
considered in preparing subsequent estimates and may be utilized for
the payment of benefits during succeeding periods, or, in the
discretion of the director, shall be redeposited with the Secretary
of the Treasury of the United States of America, to the credit of
this State's account in the Unemployment Trust Fund.