61-4-2. Contributions, receipts, and earnings constituting fund.
The unemployment compensation fund shall consist of:
(1)All contributions collected under this title together with any interest and penalties thereon collected pursuant to §§61-5-57 and 61-5-58;
(2)Interest earned upon any moneys in the fund;
(3)Any property or securities acquired through the use of moneys belonging to the fund; and
(4)All earnings of such property or securities.
All moneys in the fund shall be mingled and undivided.
Source: SL 1936 (SS), ch 3, §9 (a); SDC 1939, §17.0818; SL 1968, ch 86, §1; SL 2013, ch 258, §9.
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.