Transfer of contingency fund balance to unemployment compensation fund.

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61-3-31. Transfer of contingency fund balance to unemployment compensation fund.

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.

Source: SL 1968, ch 86, §3; SL 2008, ch 277, §67.


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