2010 Mississippi Code
TITLE 71 - LABOR AND INDUSTRY
Chapter 5 - Unemployment Compensation.
71-5-451 - Establishment and control [Repealed effective July 1, 2010].
§ 71-5-451. Establishment and control [Repealed effective July 1, 2010].
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.
Sources: Codes, 1942, § 7394; Laws, 1940, ch. 295; Laws, 1958, ch. 536, § 1(a); Laws, 1964, ch. 448, § 1(a); Laws, 1971, ch. 519, § 10; Laws, 1982, ch. 383, § 3; Laws, 2004, ch. 572, § 36; reenacted without change, Laws, 2008, 1st Ex Sess, ch. 30, § 36, eff from and after July 1, 2008.
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