S.D. Codified Laws § 61-5-53

Current through the 2024 Legislative Session

Section 61-5-53 - Pooled fund maintained by department-Moneys credited

The department shall maintain a pooled fund, all moneys in which shall be mingled and undivided, to which shall be credited:

(1) All realized earnings and gains on investments of the fund and interest paid on delinquent contributions;

(2) All contributions paid by employers;

(3) All fines and penalties collected pursuant to the provisions of this title.

SDCL 61-5-53

SL 1937, ch 224, § 3; SDC 1939, § 17.0822 (5); SL 1947, ch 89, § 1; SDC Supp 1960, § 17.0822 (4); SL 2008, ch 277, §94; SDCL § 61-5-34; SL 2012, ch 252, §59.