Statute · California Unemployment Insurance Code

Cal. Unemp. Ins. Code § 803.2 — Elections for Financing Unemployment Insurance Coverage

Cal. Unemp. Ins. Code § 803.2

Type
Statute
Source
California Unemployment Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Notwithstanding any other provision of this article, a nonprofit organization which elected reimbursement financing under Section 803 and which has acquired a previously accumulated favorable reserve account under Section 712 or 713 shall be liable for the reimbursement of benefits pursuant to…

Citator

Cal. Unemp. Ins. Code § 803.2 — Elections for Financing Unemployment Insurance Coverage is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of this article, a nonprofit organization which elected reimbursement financing under Section 803 and which has acquired a previously accumulated favorable reserve account under Section 712 or 713 shall be liable for the reimbursement of benefits pursuant to such election for any benefits chargeable to the reserve account and based upon wages paid prior to such election, to the extent that such benefits exceed the previously accumulated favorable reserve account.