There is established as a special fund, separate and apart from all public monies or funds of this state, an Unemployment Compensation Fund, which shall be administered by the department exclusively for:
All contributions collected under this chapter;
Interest earned upon any monies in the fund;
Any property or securities acquired through the use of monies belonging to the fund;
All earnings of such property or securities;
All monies credited to this state's account in the Unemployment Trust Fund pursuant to the Social Security Act, 42 USCS, Section 1104; and
By way of reimbursement in accordance with Section 204 of the Federal-State Extended Unemployment Compensation Act of 1970 (84 Stat. 711). All monies in the fund shall be mingled and undivided.
Structure Mississippi Code
Chapter 5 - Unemployment Compensation
Article 9 - Unemployment Compensation Fund
§ 71-5-451. Establishment and control
§ 71-5-453. Accounts and deposits
§ 71-5-457. Unemployment trust fund used for payment of administrative expenses
§ 71-5-459. Management of funds upon discontinuance of unemployment trust fund