ยง88-225 - Purpose of contribution fund.
ยง88-225ย Purpose of contribution fund.ย
The contribution fund shall be established and held separate and apart from any
other state funds or moneys and shall be used and administered exclusively for
the purpose of this part.ย Withdrawals from the fund shall be made for, and
solely for (1) payment of amounts required to be paid to the Secretary of the
Treasury pursuant to an agreement entered into under section 88-212; (2)
payment of refunds provided for in section 88-217; and (3) refunds of
overpayments, not otherwise adjustable, made by a political subdivision or
instrumentality. [L 1953, c 217, ยง6(b); RL 1955, ยง6-201; HRS ยง88-225]