South Dakota Statutes

§ 61-4-10 — Depository for clearing and benefit accounts.

South Dakota·Title 61 REEMPLOYMENT ASSISTANCE·Ch. 61-4 THE UNEMPLOYMENT COMPENSATION FUND
Moneys in the clearing and benefit accounts may be deposited under the direction of the secretary of labor and regulation in any bank or public depository in which general funds of the state may be deposited. However, no public deposit insurance charge or premium may be paid out of the fund.

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Legislative History

SL 1936 (SS), ch 3, § 9 (b); SDC 1939, § 17.0819; SL 1943, ch 81; SL 1965, ch 97, § 3; SL 2008, ch 277, § 70; SL 2011, ch 1 (Ex. Ord.

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