§ 8-408. Discontinuance of Unemployment Trust Fund
West's Annotated Code of MarylandLabor and Employment
MD Code, Labor and Employment, § 8-408
§ 8-408. Discontinuance of Unemployment Trust Fund
(a) The provisions of this Part I of this subtitle that relate to the Unemployment Trust Fund shall be effective only while:
(b) If the Unemployment Trust Fund ceases to exist or the State Unemployment Trust Fund Account no longer is kept, money, property, and securities that belong to the Unemployment Trust Fund of the State shall be transferred to the State Treasury and deposited in the Unemployment Insurance Fund.
(c) If money is deposited in the Unemployment Insurance Fund under subsection (b) of this section the State Treasurer:
Credits
Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991.
Formerly Art. 95A, § 10.
MD Code, Labor and Employment, § 8-408, MD LABOR & EMPLY § 8-408
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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