2013 Maryland Code
LABOR AND EMPLOYMENT
§ 8-403 - Composition and use


MD Lab & Emp Code § 8-403 (2013) What's This?

§8-403.

(a) The Unemployment Insurance Fund shall consist of:

(1) contributions;

(2) reimbursement payments collected under Subtitle 6, Part III of this title;

(3) interest earned on money in the Fund;

(4) property or securities acquired with money that belongs to the Fund;

(5) money earned from the property or securities;

(6) money received from the Federal Unemployment Account in the Unemployment Trust Fund in accordance with Title XII of the Social Security Act;

(7) money credited to the State Unemployment Trust Fund Account under § 903 of the Social Security Act; and

(8) money received for the Fund from any other source.

(b) Money in the Unemployment Insurance Fund shall be commingled.

(c) The Unemployment Insurance Fund shall be used only for the purposes of this title.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.