Section 1559 Of Article 3. Administration Fund From California Unemployment Insurance Code >> Division 1. >> Part 1. >> Chapter 6. >> Article 3.
1559
. All money in the Unemployment Administration Fund shall be
deposited, administered, and disbursed in the same manner and under
the same conditions and requirements as is provided by law for other
special funds in the State Treasury, but the director may draw,
without at the time furnishing vouchers and itemized statements, sums
not to exceed in the aggregate an amount equal to 1 percent of the
total disbursements made from the fund during the immediately
preceding fiscal year to be used as a revolving fund where payment of
compensation earned, traveling expense advances, payments under
Sections 1786 and 1788, the fees, commissions and expenses authorized
to be charged in connection with the levy of writs of attachment or
execution under Article 7 (commencing with Section 26720) of Chapter
2 of Part 3 of Division 2 of Title 3 of the Government Code, or other
cash payments are necessary. At the close of each fiscal year or at
any other time, upon the demand of the Department of Finance, the
money so drawn shall be accounted for and substantiated by vouchers
and itemized statements submitted to and audited by the Controller.