State Codes and Statutes

Statutes > South-dakota > Title-61 > Chapter-05 > Statute-61-5-34

61-5-34. 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.

Source: 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.

State Codes and Statutes

Statutes > South-dakota > Title-61 > Chapter-05 > Statute-61-5-34

61-5-34. 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.

Source: 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.