§ 3-601. Establishment of Unemployment Compensation Fund
Oklahoma Statutes AnnotatedTitle 40. Labor
40 Okl.St.Ann. § 3-601
§ 3-601. Establishment of Unemployment Compensation Fund
There is hereby established as a special fund, separate and apart from all public monies or funds of this state, the Unemployment Compensation Fund, which shall be administered by the Commission exclusively for the purpose of this act. This fund shall consist of (1) all contributions collected pursuant to this act, together with any interest thereon collected pursuant to this act; (2) all penalties collected pursuant to the provisions of this act; (3) interest earned upon any monies in the fund; (4) any property or securities acquired through the use of monies belonging to the fund; (5) all earnings of such property or securities; and (6) all other monies received for the fund from any other source. All monies in the fund shall be mingled and undivided.
Credits
Laws 1980, c. 323, § 3-601, eff. July 1, 1980.
40 Okl. St. Ann. § 3-601, OK ST T. 40 § 3-601
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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