2005 California Unemployment Insurance Code Sections 1601-1602 Article 5. Investments in or Expenditures for Property

1601.  When money other than Disability Fund money is used in the
purchase of property and in the construction of buildings, and
appurtenant facilities, or in the purchase of property, or in the
construction of buildings, and appurtenant facilities, for the use of
the department, or for the use of the department and other state
agencies, the director may do any and all things necessary to protect
the property including purchasing insurance against the loss of or
damage to the property or the loss of use and occupancy of the
property.  Any transaction entered into by the director under this
section shall be subject to the approval of the Department of General
Services.
1602.  The department shall comply with all federal regulations with
regard to the sale of property in which the federal government has
an equity.