52-03-04. Requisitioning and expenditure of funds from various accounts

52-03-04. Requisitioning and expenditure of funds from various accounts

Moneys shall be requisitioned from this state's account in the unemployment trust fund

solely for the payment of benefits and for refunds pursuant to subdivision f of subsection 18 of

section 52-01-01 and section 52-04-14, except that money credited to this state's account

pursuant to section 903 of the Social Security Act [42 U.S.C. 1103], as amended, must be used

exclusively as provided in subsection 3 of section 52-03-07. From time to time, the bureau shall

requisition from the unemployment trust fund such amounts, not exceeding the amounts

standing to this state's account therein, as it deems necessary for the payment of benefits for a

reasonable future period. Upon receipt thereof, the bureau shall deposit such moneys in the

benefit account and shall pay benefits solely from such benefit account. Expenditures of such

moneys in the benefit account and refunds from the clearing account are not subject to any

provision of law requiring specific appropriations or other formal release by state officers of

money in their custody. Any balance of moneys requisitioned from the unemployment trust fund

which remains unclaimed or unpaid in the benefit account after the expiration of the period for

which such sums were requisitioned, either must be deducted from estimates for, and may be

utilized for the payment of benefits during succeeding periods, or, in the discretion of the

bureau, must be redeposited with the secretary of the treasury of the United States, to the credit

of this state's account in the unemployment trust fund as provided in section 52-03-03.