Indiana § 22-4-10-4.6 Unemployment insurance solvency fund; establishment; investment;
interest; nonreverting

Indiana Statutes

§ 22-4-10-4.6 — Unemployment insurance solvency fund; establishment; investment; interest; nonreverting

Indiana § 22-4-10-4.6

Art. 4UNEMPLOYMENT COMPENSATION SYSTEM

Ch. 10Employer Contributions

This text of Indiana § 22-4-10-4.6 (Unemployment insurance solvency fund; establishment; investment; interest; nonreverting) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 22-4-10-4.6 (2026).

Text

6.

(a)The unemployment insurance solvency fund is established for the purpose of paying interest on the advances made to the state from the federal unemployment account in the federal unemployment trust fund under 42 U.S.C. 1321. The fund shall be administered by the department.

(b)Money received by the department from the unemployment insurance surcharge that the department elects to use for the purposes described in section 4.5(e)(1) of this chapter shall be deposited in the fund for the purposes of the fund.

(c)The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited at least quarterly in the fund.

(d)Mone

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6. (a) The unemployment insurance solvency
fund is established for the purpose of paying interest on the advances
made to the state from the federal unemployment account in the federal
unemployment trust fund under 42 U.S.C. 1321. The fund shall be
administered by the department.
(b) Money received by the department from the unemployment
insurance surcharge that the department elects to use for the purposes
described in section 4.5(e)(1) of this chapter shall be deposited in the
fund for the purposes of the fund.
(c) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested. Interest that accrues
from these investments shall be deposited at least quarterly in the fund.
(d) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.