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§ 11-10-801. Establishment and control

(a) There is established as a special fund, separate and apart from all public moneys or funds of this state, the “Unemployment Compensation Fund”, which shall be administered by the Director of the Division of Workforce Services exclusively for the purposes of this chapter. (b) The Unemployment Compensation Fund shall consist of: (1) All the […]

§ 11-10-802. Accounts and deposit

(a) (1) The Director of the Division of Workforce Services shall be ex officio treasurer and custodian of the Unemployment Compensation Fund and disbursing officer of the Division of Workforce Services. (2) The director shall administer the Unemployment Compensation Fund and shall maintain within the Unemployment Compensation Fund three (3) separate accounts: (A) A clearing […]

§ 11-10-803. Withdrawals

(a) (1) Money requisitioned from this state’s account in the federal Unemployment Trust Fund shall be used exclusively for the payment of benefits and for refunds from the Unemployment Trust Fund authorized by this chapter, except that money credited to this state’s account pursuant to section 903 of the Social Security Act shall be used […]

§ 11-10-804. Federal Unemployment Trust Fund — Termination

(a) The provisions of this subchapter, to the extent that they relate to the federal Unemployment Trust Fund, shall be operative only so long as the federal Unemployment Trust Fund continues to exist and so long as the United States Secretary of the Treasury continues to maintain for this state a separate book account of […]