As Amended
SEC. 71-5-451. Establishment and control [Repealed effective July 1, 2008].
There is * * * established as a special fund, separate and apart from all public monies or funds of this state, an Unemployment Compensation Fund, which shall be administered by the department exclusively for:
(a) All contributions collected under this chapter;
(b) Interest earned upon any monies in the fund;
(c) Any property or securities acquired through the use of monies belonging to the fund;
(d) All earnings of such property or securities;
(e) All monies credited to this state's account in the Unemployment Trust Fund pursuant to the Social Security Act, 42 USCS, Section 1104; and
(f) By way of reimbursement in accordance with Section 204 of the Federal-State Extended Unemployment Compensation Act of 1970 (84 Stat. 711). All monies in the fund shall be mingled and undivided.
SOURCES: Codes, 1942, Sec. 7394; Laws, 1940, ch. 295; 1958, ch. 536, Sec. 1(a); 1964, ch. 448, Sec. 1(a); 1971, ch. 519, Sec. 10; 1982, ch. 383, Sec. 3; Laws, 2004, ch. 572, § 36, HB 973, eff from and after July 1, 2004.
PREVIOUS VERSIONS: Pre-2004