There is a newer version
of
this Section
2019 Georgia Code
Title 34 - Labor and Industrial Relations
Chapter 8 - Employment Security
Article 3 - Administration
§ 34-8-87. Borrowing funds from United States Treasury upon depletion of Unemployment Compensation Fund
Universal Citation: GA Code § 34-8-87 (2019)
The Commissioner is authorized to borrow funds from the United States Treasury in accordance with standards and regulations promulgated by the United States Department of Labor and pursuant to laws of the United States. Such authority is granted only to be used if and when the Unemployment Compensation Fund should be depleted; and all funds so borrowed shall be used only for the purpose of paying benefits to those persons eligible to receive such benefits.
History:Code 1981, § 34-8-87, enacted by Ga. L. 1991, p. 139, § 1.
Disclaimer: These codes may not be the most recent version. Georgia 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.
