61-3-25. Separate administration and accounting for administration fund--Security provided by depository.
Any money in the employment security administration fund shall be deposited, administered, and disbursed in the same manner and under the same conditions and requirements as is provided by law for other special funds in the state treasury. However, no money in this fund may be commingled with other state funds. The money shall be maintained in a separate account on the books of a depository bank. The money shall be secured by the depository in which it is held to the same extent and in the same manner as required by the general depository law of the state, and collateral pledged shall be maintained in a separate custody account.
Source: SL 1936 (SS), ch 3, §13; SDC 1939, §17.0817; SL 1939, ch 87, §4; SL 1939, ch 88, §1; SL 1941, ch 84; SDC Supp 1960, §17.0817 (1); SL 1965, ch 97, §1; SL 2008, ch 277, §61.
Structure South Dakota Codified Laws
Title 61 - Reemployment Assistance
Chapter 03 - Administration And Enforcement
Section 61-3-2 - Work record maintained by employing unit--Inspection by department.
Section 61-3-3 - Report required of employers by secretary.
Section 61-3-4 - Information confidential--Use by claimant at hearing--Violation as misdemeanor.
Section 61-3-5 - Reports and communications privileged in actions for defamation.
Section 61-3-6 - Preservation and destruction of departmental records.
Section 61-3-7 - Powers of departmental personnel in conduct of investigations and hearings.
Section 61-3-9 - Disobedience of departmental subpoena--Misdemeanor--Separate offenses.
Section 61-3-10 - Judicial enforcement of departmental subpoena--Disobedience as contempt.
Section 61-3-14 - Availability of laws, rules, and reports.
Section 61-3-16 - Criminal prosecutions by attorney general or state's attorney.
Section 61-3-17 - Representation of department in civil actions.
Section 61-3-18 - Promulgation of rules to secure federal benefits.
Section 61-3-19 - Arrangements with other states for coordinated administration of benefits.
Section 61-3-21 - Cooperation and compliance with federal requirements--Reports and information.
Section 61-3-22 - Records made available to railroad retirement board.
Section 61-3-23 - Information furnished to federal public works agencies.
Section 61-3-25 - Separate administration and accounting for administration fund--Security provided by depository.
Section 61-3-27 - State obligation to replace federal contributions expended in unauthorized manner.
Section 61-3-31 - Transfer of contingency fund balance to unemployment compensation fund.