2017 Mississippi Code
Title 71 - Labor and Industry
Chapter 5 - Unemployment Compensation
Article 9 - Unemployment Compensation Fund
§ 71-5-451. Establishment and control [Repealed effective July 1, 2019]

Universal Citation: MS Code § 71-5-451 (2017)
  • 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.
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