61-3-31. Transfer of contingency fund balance to unemployment compensation fund.
38 words·~1 min read·
/sd/title-61/chapter-61-3/61-3-31A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If on September thirtieth of any calendar year the balance in the employment security contingency fund exceeds fifteen thousand dollars by one thousand dollars or more, the state treasurer shall transfer the excess to the unemployment compensation fund.