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Title 8 . Labor and Workforce Development
Chapter 85 . State Employment Training Program
Section 50. Withdrawals from trust fund

8 AAC 85.050. Withdrawals from trust fund

The commissioner and any other employees he designates shall have the power and authority to requisition necessary amounts from the state's account in the unemployment trust fund deposited with the Secretary of the Treasury of the United States of America in accordance with section 904(f) of the Social Security Act, 42 U.S.C. 1104(f), as amended. This requisition must be in even thousands of dollars and must specify the bank and account to which payment will be made.

History: Eff. 10/25/68, Register 27; am 8/20/70, Register 35; am 12/5/79, Register 72

Authority: AS 23.20.045

AS 23.20.145

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Last modified 7/05/2006