The Commissioner is authorized to borrow funds from the United States Treasury in accordance with standards and regulations promulgated by the United States Department of Labor and pursuant to laws of the United States. Such authority is granted only to be used if and when the Unemployment Compensation Fund should be depleted; and all funds so borrowed shall be used only for the purpose of paying benefits to those persons eligible to receive such benefits.
History. Code 1981, § 34-8-87 , enacted by Ga. L. 1991, p. 139, § 1.
Structure Georgia Code
Title 34 - Labor and Industrial Relations
Chapter 8 - Employment Security
§ 34-8-70. Duties and Powers of Commissioner
§ 34-8-71. Distribution of Text of Chapter and Other Materials
§ 34-8-72. Appointment of State and Local or Industry Advisory Councils
§ 34-8-74. Appointment, Compensation, Powers, and Duties of Personnel Administering Chapter
§ 34-8-75. Experience Rating Committee
§ 34-8-76. Duties of Commissioner to Reduce and Prevent Unemployment
§ 34-8-78. Board of Review; Appointment, Term of Office, Compensation, and Removal of Members
§ 34-8-79. State and Federal Cooperation in Administration of Chapter
§ 34-8-80. Payment of Compensation Under Two or More State Unemployment Compensation Laws
§ 34-8-83. Establishment, Composition, and Administration of Unemployment Compensation Fund
§ 34-8-85. Withdrawals From Unemployment Trust Fund for Expenditures Under Chapter
§ 34-8-86. Management of Funds Upon Discontinuance of Unemployment Trust Fund
§ 34-8-88. Necessary Powers in Discharge of Duties
§ 34-8-89. Application for Order Requiring Persons to Obey Subpoena Issued by Commissioner