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Current as of January 01, 2023 | Updated by FindLaw Staff
There is established as a special fund, separate and apart from all public monies or funds of this state, an Unemployment Compensation Fund, which shall be administered by the department exclusively for:
(a) All contributions collected under this chapter;
(b) Interest earned upon any monies in the fund;
(c) Any property or securities acquired through the use of monies belonging to the fund;
(d) All earnings of such property or securities;
(e) All monies credited to this state's account in the Unemployment Trust Fund pursuant to the Social Security Act, 42 USCS, Section 1104; and
(f) By way of reimbursement in accordance with Section 204 of the Federal-State Extended Unemployment Compensation Act of 1970 (84 Stat. 711). All monies in the fund shall be mingled and undivided.
Cite this article: FindLaw.com - Mississippi Code Title 71. Labor and Industry § 71-5-451 - last updated January 01, 2023 | https://codes.findlaw.com/ms/title-71-labor-and-industry/ms-code-sect-71-5-451/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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