The Department shall be permitted to borrow funds from the State‘s General Fund or other state fund sources to pay all or a portion of the principal of any loans extended by the federal government to the Unemployment Insurance Trust Fund. Any state funds that are loaned for the purpose described in this section shall be reimbursed from unemployment insurance tax receipts.

79 Del. Laws, c. 173, § ?6;

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Terms Used In Delaware Code Title 19 Sec. 3392

  • Department: means the Department of Labor. See Delaware Code Title 19 Sec. 3302
  • Fund: means the Unemployment Compensation Fund established by this title to which all assessments required and from which all benefits provided under this chapter shall be paid. See Delaware Code Title 19 Sec. 3302
  • State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302