1. There is hereby established as a special fund, separate and apart from all public money or funds of this State, an Unemployment Compensation Fund, which must be administered by the Administrator exclusively for the purposes of this chapter.
2. The Fund consists of:
(a) All contributions, other than special bond contributions as defined in NRS 612.6116, or reimbursements in lieu of contributions collected under this chapter.
(b) Interest earned upon the money in the Fund.
(c) Any property or securities acquired through the use of money belonging to the Fund.
(d) All earnings of such property or securities.
(e) All money credited to the account of the State of Nevada in the Unemployment Trust Fund pursuant to section 903 of the Social Security Act, as amended (42 U.S.C. § 1103).
(f) All other money received for the Fund from any other source.
3. All money in the Fund must be mingled and undivided.
4. All fines and penalties collected pursuant to the criminal provisions of this chapter must be paid to the State Permanent School Fund.
[Part 9:129:1937; A 1939, 115; 1941, 412; 1945, 299; 1949, 257; 1943 NCL § 2825.09] — (NRS A 1969, 220; 1971, 1364; 1993, 1839; 2013, 2649)
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
