California § 1527 - Immediately after clearance, all money in the clearing account except interest on
Full text of California Public Contract Code - PCC § 1527 — Immediately after clearance, all money in the clearing account except interest on, with citation guidance and answers to common questions.
§ 1527. Immediately after clearance, all money in the clearing account except interest on
Immediately after clearance, all money in the clearing account except interest on contributions, and penalties collected shall be deposited in or invested in the obligations of the Unemployment Trust Fund of the United States of America or its authorized agent to the credit of this State, any provisions of law in this State relating to the deposit, administration, release, or disbursement of money in the possession or custody of this State to the contrary notwithstanding. The amounts so deposited or invested shall be entered in the Unemployment Trust Fund Account.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1527
What does Public Contract Code - PCC § 1527 cover?
Section 1527 ("Immediately after clearance, all money in the clearing account except interest on") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1527?
A common citation format is "Public Contract Code - PCC § 1527" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1527 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.