Alabama § 25-4-30 - Administration and Composition.
Full text of Alabama Code of Alabama § 25-4-30 — Administration and Composition., with citation guidance and answers to common questions.
§ 25-4-30. Administration and Composition.
There shall be as a special fund, separate and apart from all public moneys or funds of this state, an Unemployment Compensation Trust Fund, which shall be administered by the secretary exclusively for the purposes of this chapter without liability on the part of the state beyond the amounts paid into and earned by the fund. This fund shall consist of:
(1) All contributions paid in or collected under this chapter;
(2) Interest earned upon any moneys in the fund;
(3) Any property or securities acquired through the use of moneys belonging to the fund;
(4) All earnings of such property or securities;
(5) Any money received from the federal unemployment account in the unemployment trust fund in accordance with Title XII of the Social Security Act;
(6) All money credited to this state’s account in the unemployment trust fund pursuant to Section 903 of the Social Security Act, as amended; and
(7) All money received for the fund from any other source.
Frequently Asked Questions About Alabama § 25-4-30
What does Code of Alabama § 25-4-30 cover?
Section 25-4-30 ("Administration and Composition.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 25-4-30?
A common citation format is "Code of Alabama § 25-4-30" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 25-4-30 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.