§ 8-78-101 — Establishment of administration fund

There is hereby created in
the state treasury a special fund to be known as the employment security
administration fund. All money deposited or paid into this fund shall be
continuously available to the division for expenditure in accordance with the
provisions of articles 70 to 82 of this title, and shall not lapse at any time or be
transferred to any other fund. The fund shall consist of all money received from the
United States of America, or any agency thereof; all money received from any
agency of the United States or any other state as compensation for services or
facilities supplied to such agency; all amounts received pursuant to any surety
bond or insurance policy or from other sources for losses sustained by the
employment security administration fund or by reason of damage to property,
equipment, or supplies purchased from money in such fund; and all proceeds
realized from the sale or disposition of any such property, equipment, or supplies
which may no longer be necessary for the proper administration of articles 70 to 82
of this title.

Legislative History

Source: L. 36, 3rd Ex. Sess.: p. 42, � 13. CSA: C. 167A, � 13. L. 39: p. 577, � 10. L. 41: p. 792, � 13. L. 49: p. 727, � 9. L. 51: p. 818, � 12. CRS 53: � 82-8-1. L. 54: p. 138, � 2. C.R.S. 1963: � 82-8-1.