California § 1557 - Money in the Unemployment Administration Fund shall not be commingled with other
Full text of California Public Contract Code - PCC § 1557 — Money in the Unemployment Administration Fund shall not be commingled with other, with citation guidance and answers to common questions.
§ 1557. Money in the Unemployment Administration Fund shall not be commingled with other
Money in the Unemployment Administration Fund shall not be commingled with other state funds, but shall be maintained in a separate account on the books of the depositary. Such money shall be secured by the depositary in which it is held to the same extent and in the same manner as required under Chapter 4, Part 2, Division 4, Title 2 of the Government Code, if deposited in a bank, or under Chapter 4.5 (commencing with Section 16600) of Part 2 of Division 4 of Title 2 of the Government Code if deposited in a savings and loan association and collateral pledged shall be maintained in a separate custody account.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1557
What does Public Contract Code - PCC § 1557 cover?
Section 1557 ("Money in the Unemployment Administration Fund shall not be commingled with other") 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 § 1557?
A common citation format is "Public Contract Code - PCC § 1557" (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 § 1557 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.