§1161. Accounts and deposit The Treasurer of State is the ex officio treasurer and custodian of the Unemployment Compensation Fund and shall administer the fund in accordance with the directions of the commissioner. The Treasurer of State shall maintain within the fund 4 separate accounts: [PL 2003, c. 164, §1 (AMD).] 1. Clearing account. […]
§1162. Withdrawals Moneys must be requisitioned from the State’s account in the Unemployment Trust Fund solely for the payment of benefits and for the payment of refunds pursuant to section 1043, subsection 11, paragraph F, subparagraph (2) and section 1225 in accordance with rules prescribed by the commissioner. The commissioner shall from time to time […]
§1163. Management on discontinuance of Unemployment Trust Fund Sections 1141, 1161 and 1162, 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 […]
§1164. Special Administrative Expense Fund The Special Administrative Expense Fund is created as a special fund in the State Treasury. All interest, fines and penalties collected under this chapter and all voluntary contributions tendered as a contribution to this fund must be paid into this fund. The money may not be expended or available for […]
§1165. Federal Advance Interest Fund The Federal Advance Interest Fund shall be a special nonlapsing fund in the State Treasury. All receipts, including interest, fines and penalties collected from the special assessment as defined in section 1241, shall be paid into this fund. Income from investment of this fund shall be deposited to the credit […]
§1166. Competitive Skills Scholarship Fund 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Competitive Skills Scholarship Fund contributions” means the money payments required by this section to be made into the Competitive Skills Scholarship Fund by an employer as a percentage of […]
§1167. Unemployment Program Administrative Fund 1. Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings. A. “Unemployment Program Administrative Fund contributions” or “fund contributions” means the money payments required by this section to be made into the Unemployment Program Administrative Fund by an employer as […]
