Contributions, receipts, and earnings constituting fund.

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61-4-2. Contributions, receipts, and earnings constituting fund.

The unemployment compensation fund shall consist of:

(1)All contributions collected under this title together with any interest and penalties thereon collected pursuant to §§61-5-57 and 61-5-58;

(2)Interest earned upon any moneys in the fund;

(3)Any property or securities acquired through the use of moneys belonging to the fund; and

(4)All earnings of such property or securities.

All moneys in the fund shall be mingled and undivided.

Source: SL 1936 (SS), ch 3, §9 (a); SDC 1939, §17.0818; SL 1968, ch 86, §1; SL 2013, ch 258, §9.


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