61-4-7. Deposit of requisitioned moneys in benefit and clearing accounts--Payment of benefits and refunds.
Upon receipt thereof, the secretary shall deposit the moneys requisitioned for the payment of benefits in the benefit account and shall issue warrants or checks for the payment of benefits solely from the benefit account. The secretary shall deposit the moneys requisitioned for the payment of refunds in the clearing account and shall issue checks for the payment of refunds solely from the clearing account.
Expenditures from the benefit account and refunds from the clearing account are not subject to any provisions of law requiring specific appropriations or other formal release by state officers of money in their custody.
Source: SL 1936 (SS), ch 3, §9 (c); SDC 1939, §17.0820; SL 1947, ch 88, §8; SL 1951, ch 94, §5; SL 1965, ch 97, §4; SL 2008, ch 277, §69.
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.