§ 52-03-04 — Requisitioning and expenditure of funds from various accounts

North Dakota § 52-03-04

• Jurisdiction: North Dakota
• Title 52: Social Security
• Ch. 52-03: Unemployment Compensation Fund

Text

Moneys shall be requisitioned from this state's account in the unemployment trust fund
solely for the payment of benefits and for refunds pursuant to subdivision f of subsection 18 of
section 52-01-01 and section 52-04-14, except that money credited to this state's account
pursuant to section 903 of the Social Security Act [42 U.S.C. 1103], as amended, must be used

exclusively as provided in subsection 3 of section 52-03-07. From time to time, the bureau shall
requisition from the unemployment trust fund such amounts, not exceeding the amounts
standing to this state's account therein, as it deems necessary for the payment of benefits for a
reasonable future period. Upon receipt thereof, the bureau shall deposit such moneys in the
benefit account and shall pay benefits solely from such benefit account. Expenditures of such
moneys in the benefit account and refunds from the clearing account are not subject to any
provision of law requiring specific appropriations or other formal release by state officers of
money in their custody. Any balance of moneys requisitioned from the unemployment trust fund
which remains unclaimed or unpaid in the benefit account after the expiration of the period for
which such sums were requisitioned, either must be deducted from estimates for, and may be
utilized for the payment of benefits during succeeding periods, or, in the discretion of the
bureau, must be redeposited with the secretary of the treasury of the United States, to the credit
of this state's account in the unemployment trust fund as provided in section 52-03-03.