61-5-53. Pooled fund maintained by department--Moneys credited.
57 words·~1 min read·
/sd/title-61/chapter-61-5/61-5-53A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The department shall maintain a pooled fund, all moneys in which shall be mingled and undivided, to which shall be credited:
(1)All realized earnings and gains on investments of the fund and interest paid on delinquent contributions;
(2)All contributions paid by employers;
(3)All fines and penalties collected pursuant to the provisions of this title.