61-4-13. Provisions relating to trust fund dependent on separate accounting by secretary of treasury.
The provisions of §§61-4-1 to 61-4-11, inclusive, to the extent that they relate to the unemployment trust fund shall be operative only so long as such unemployment trust fund continues to exist and so long as the secretary of the treasury of the United States of America continues to maintain for this state a separate book account of all funds deposited therein by this state for benefit purposes, together with this state's proportionate share of the earnings of such unemployment trust fund, from which no other state is permitted to make withdrawals.
Source: SL 1936 (SS), ch 3, §9 (d); SDC 1939, §17.0821; SL 1965, ch 97, §5.
Structure South Dakota Codified Laws
Title 61 - Reemployment Assistance
Chapter 04 - The Unemployment Compensation Fund
Section 61-4-1 - Fund created--General purpose.
Section 61-4-2 - Contributions, receipts, and earnings constituting fund.
Section 61-4-3 - Secretary to administer fund--Liability on bond.
Section 61-4-4 - Separate accounts within fund.
Section 61-4-6 - Requisitions on trust fund for payment of benefits and refunds.
Section 61-4-8 - Disposition of unexpended balance of requisitioned moneys.
Section 61-4-9 - Source of moneys in benefit account.
Section 61-4-10 - Depository for clearing and benefit accounts.
Section 61-4-11 - Reversion of unclaimed checks and warrants.
Section 61-4-14 - Transfer to secretary on termination of trust fund or separate accounting.