The commissioner shall give a separate surety bond in the sum of $50,000 for the faithful management of the fund. The bond shall be in a form prescribed by the Attorney General and approved by the Governor. The premiums upon the bond shall be paid out of the administration fund.
The bond shall be filed with the Secretary of State.
Structure West Virginia Code
Chapter 21A. Unemployment Compensation
Article 8. Unemployment Compensation Fund
§21A-8-6. Unemployment Trust Fund Account
§21A-8-7. Deposit With Federal Government
§21A-8-11. Issuance and Signing of Warrants; Forgery; Penalty
§21A-8-13. Termination of State Act
§21A-8-14. Transfer of Funds to Railroad Unemployment Insurance Account
§21A-8-16. Loans to Unemployment Compensation Fund From Revenue Shortfall Reserve Fund