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RSA 282-A:106 · Management of Funds Upon Discontinuance of Unemployment Trust Fund

Title: XXIII: LABOR
Chapter: 282-A · UNEMPLOYMENT COMPENSATION
Status: current
Official source linked: Yes

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282-A:106 Management of Funds Upon Discontinuance of Unemployment Trust Fund. –

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The provisions of RSA 282-A:103 through 105, to the extent that they relate to the unemployment trust fund, shall be operative only so long as such unemployment trust fund continues to exist and so long as the Secretary of the Treasury of the United States of America continues to maintain for this state a separate book account of all funds deposited therein by this state for benefit purposes, together with this state's proportionate share of the earnings of such unemployment trust fund, from which no other state is permitted to make withdrawals.

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II.

If and when such unemployment trust fund ceases to exist, or such separate book account is no longer maintained, all moneys, properties, or securities therein, belonging to the unemployment compensation fund of this state shall be transferred to the treasurer of the unemployment compensation fund who shall hold, invest, transfer, sell, deposit, and release such moneys, properties or securities in a manner approved by the commissioner of the department of employment security in accordance with the provisions of this chapter; provided that such moneys shall be invested in the following readily marketable classes of securities: Bonds or other interest-bearing obligations of the United States of America, or of this state or of its political subdivisions. Provided further that such investment shall at all times be so made that all the assets of the fund shall always be readily convertible into cash when needed for the payment of benefits.

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III.

The treasurer shall dispose of securities or other properties belonging to the unemployment compensation fund only under the direction of the commissioner of the department of employment security. Source. 1937, 178:1. 1939, 138:18. 1941, 103:31. RL 218:8. 1947, 59:18. 1949, 185:12. RSA 282:8(D). 1965, 57:1, 2. 1981, 408:3, eff. Oct. 1, 1981. Administrative Organization and Administration

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Source note

Source. 1937, 178:1. 1939, 138:18. 1941, 103:31. RL 218:8. 1947, 59:18. 1949, 185:12. RSA 282:8(D). 1965, 57:1, 2. 1981, 408:3, eff. Oct. 1, 1981. Administrative Organization and Administration

Source history

1937, 178:1
1939, 138:18
1941, 103:31. RL 218:8
1947, 59:18
1949, 185:12. RSA 282:8(D)
1965, 57:1, 2
1981, 408:3, eff. Oct. 1, 1981. Administrative Organization and Administration

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ation. I. The following actions shall be excluded from consideration when determining a worker’s legal status as either an employee or an independent contractor under RSA 275, RSA 282-A, or any other state labor, tax, or benefits statute: (a) The offer of, or contribution to, a portable benefit account by a hiring party; (b) An independent contractor’s participation in or control over such a plan
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t and necessary to support any request, claim, application, or other action by a client company seeking any such tax credit. This section shall not apply to the administration of RSA 282-A. 23 Corporations, Associations, and Proprietors of Common Lands; Dissolution; Effect of Dissolution. Amend RSA 293-A:14.05, (b) to read as follows: (b) Prior to making any distributions of its remaining propert
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2026 HB1761-FN add · effective 2027-01-01
istrative appeal system for determinations of claims; appeals shall be filed within 90 days of notice of determination. II. The director may utilize procedures established under RSA 282-A, provided that employers shall not be parties to appeals under this section. III. Following the department's final determination on appeal, an aggrieved individual may seek judicial review in a court of competent juri
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pensation and unemployment compensation programs, which are regulated by and which report to the department of labor and the department of employment security, under RSA 281-A and RSA 282-A, respectively, shall be exempt from the requirements of this section as long as their operations and reports conform to the laws and rules adopted by those departments. 5-B:4-a Authority of the Secretary of State; I
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pensation and unemployment compensation programs, which are regulated by and which report to the department of labor and the department of employment security, under RSA 281-A and RSA 282-A, respectively, shall be exempt from the requirements of this section as long as their operations and reports conform to the laws and rules adopted by those departments. 5-B:4-a Authority of the Secretary of State; I