All money in the fund must be comingled and undivided, but the State Treasurer shall maintain within the fund three separate accounts: (a) a clearing account; (b) an unemployment trust fund account; and (c) a benefit account. All money payable to the fund, upon receipt of the money by the department, must be forwarded to the State Treasurer who immediately shall credit it to the clearing account. Effect of Amendment The 2010 amendment substituted "department" for "Commission"; and made other nonsubstantive changes.
‹ Prev All South Carolina 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.