61-4-8. Disposition of unexpended balance of requisitioned moneys.
Any balance of moneys requisitioned from the unemployment trust fund, which remains unclaimed or unpaid in the benefit account or clearing account after the expiration of the period for which sums were requisitioned, shall either be deducted from estimates for, and may be utilized for the payment of benefits or refunds during succeeding periods, or in the discretion of the secretary of labor and regulation shall be redeposited with the secretary of the treasury of the United States of America to the credit of this state's account in the unemployment trust fund as provided in §61-4-5.
Source: SL 1936 (SS), ch 3, §9 (c); SDC 1939, §17.0820; SL 1947, ch 88, §8; SL 1951, ch 94, §5; SL 1965, ch 97, §4; SL 2011, ch 1 (Ex. Ord. 11-1), §33, eff. Apr. 12, 2011.