Twin-City herald. [volume] (Minneapolis, Minn.) 1927-1940, 1937-01-09

provisions of said Act of Congress,
as amended, are hereby accepted
by the state, in conformity with
Section 4 Of said Act and this
state will observe and comply with
the requirements thereof.
CD Financing. All moneys re-
ceived by this State under the said
Act OF Congress, is amended, shall
be paid into the special Employ
ment service account" in the un-
employment compensation admin
stration fund, and said moneys are
hereby made available to the Min
nesota State Employment Service
to be expended as provided by this
section and by said Act of Congress.
For the purpose of establishing and
maintaining free public employ
ment offices, said division is au-
thorized to enter into agreements
with any political subdivision of
this State or with any private, non
profit organization and as a part
of any such agreement the COM
mission may accept moneys, services,
or quarters as contribution to
the employment service account.
Section Is. UNEMPLOYMENT
COMPENSATION ADMINISTRA-
TON FUND.
Ca Special Fund. There is hereby
created in the State Treasury q
special fund to be known as the
unemployment compensation ad-
ministration fund. All moneys which
are deposited or paid into this fund
are hereby appropriated and made
available to the commission. All
moneys in this fund shall be ex-
pended solely for the purpose of
defraying the cost of the admin
stration of this Act, and for no
other purpose whatsoever, provided,
however, that the initial appropri-
alton made by the State of Mime
sofa in this Act may be returned
to the State Treasury. The fund
shall consist of all moneys ap-
propriated by this State, and all
moneys received from the United
States of America, or any agency
thereof, including the Social Sc
curity Board and the United States
Employment Service, or from any
other source, for such purpose. All
moneys in this fund shall be de-
posted, administered, and dis
bursed in the same manner and
under the same conditions and re-
quirements as is provided by law
for other special funds in the State
treasury. Any balances in this fund
shall not lapse at any time but
shall be continuously available to
the commission for expenditure con-
sistent with this Act. The State
Treasurer shall give a separate
and additional bond conditioned
upon the faithful performance of
his duties in connection with the
unemployment compensation ad-
miniStration fund in an amount to
be fixed by the commission and in
a form prescribed by law or 'ap-
proved by the Attorney General.
The premiums for such bond and
the premiums for the bond given
by the treasurer of the unemploy-
ment compensation fund under
section of this Act, shall be paid
from the moneys in the unemploy-
ment compensation administration
fund.
Section IA. COLLECTION OF
CONTRIBUTIONS. (a) Interest on
Past Due Contributions. Contribu-
lions unpaid on the date on which
they are due and payable, as pre-
scribed by the commission, shall
bear interest at the rate of one
per centum per month from and
after such date until payment plus
accrued interest is received by the
commission. Interest collected pur-
suant to this subsection shall be
paid into the funds pooled &C
count.
CD Collection. If, after due no.
tice, any employer defaults in any
payment of contributions or in
terest thereon, the amount due
shall be collected by civil action in
the name of the commission, and
the employer adjudged in default
shall pay the costs Of such action.
Civil actions brought under this
section to collect contributions or
interest thereon from an employer
shall be heard by the court at the
earliest possible date.
Co Priorities Under Legal Dis
solutions or Distributions. In the
event of any distribution of an
employers assets pursuant to an
order of any court under the laws
Of this State, including any re-
ownership, assignment for benefit
Of creditors, adjudicated insolvency,
composition, or similar proceeding,
contribution then or thereafter due
shall be paid in full prior to all
other claims except taxes and claims
for wages of not more than $25000
to each claimant, earned within
four months of the commencement
of the proceeding. In the event
Of an employers adjudication in
bankruptcy, judicially confirmed ex-
tension proposal, or composition,
under the Federal Bankruptcy Act
of 1898, as amended, contributions
then or thereafter due shall be
entitled to such priority as is pro-
vided in section "a CD of that Act
GU. S. G. Title XII, sec. 104 CD },
as amended.
cd Refunds. If not later than
one year after the date on which
any contributions or interest thereon
became due, an employer who has