52-02-09. Job service administration fund

52-02-09. Job service administration fund

The job service administration fund consists of all money received from the United States,

or any agency thereof, and all money received from any other source for administrative and

program purposes except for the funds created by sections 52-03-01 and 52-04-22. All moneys

accruing to this fund in any manner must be maintained in this separate interest-bearing

account at the Bank of North Dakota. All money deposited or paid into this fund must be

continuously available to the bureau for expenditure in accordance with the provisions of this

law and may not lapse at any time or be transferred to any other fund. The fund must consist of

any money appropriated by this state in accordance with section 52-02-11; all money received

from any other source for the administration of the North Dakota unemployment compensation

law; all money received from any agency of the United States or any other state as

compensation for services or facilities supplied to such agency; all amounts received pursuant

to any surety bond or any insurance policy or from other sources for losses sustained by the job

service administration fund or by reason of damage to property, equipment, or supplies

purchased from money in such fund; and all proceeds realized from the sale or disposition of

any such property, equipment, or supplies which may no longer be necessary for the proper

administration of this law. Notwithstanding any provision of this section, all money requisitioned

and deposited in this fund pursuant to subsection 4 of section 52-03-07 must remain a part of

the unemployment compensation fund and must be used only in accordance with the conditions

specified in section 52-03-07.