Maryland Code § LE-8-403

Section LE-8-403
Open in Lexace · Ask the AI about this section
(a) The Unemployment Insurance Fund shall consist of:
(1) contributions;
(2) reimbursement payments collected under Subtitle 6, Part III of
this title;
(3) interest earned on money in the Fund;
(4) property or securities acquired with money that belongs to the
Fund;
(5) money earned from the property or securities;
(6) money received from the Federal Unemployment Account in the
Unemployment Trust Fund in accordance with Title XII of the Social Security Act;
(7) money credited to the State Unemployment Trust Fund Account
under § 903 of the Social Security Act; and
(8) money received for the Fund from any other source.
(b) Money in the Unemployment Insurance Fund shall be commingled.
(c) The Unemployment Insurance Fund shall be used only for the purposes
of this title.

‹ Prev All Maryland sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.