Section 1561 Of Article 3. Administration Fund From California Unemployment Insurance Code >> Division 1. >> Part 1. >> Chapter 6. >> Article 3.
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 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.