Pennsylvania Code
Title 34 - LABOR AND INDUSTRY
Part II - Bureau of Employment Security
Subpart A - Unemployment Compensation
Chapter 63 - RESPONSIBILITIES OF EMPLOYERS
Subchapter C - NONPROFIT ORGANIZATIONS MAKING PAYMENTS IN LIEU OF CONTRIBUTIONS
Section 63.97 - Return or sale of money or securities
Universal Citation: 34 PA Code ยง 63.97
Current through Register Vol. 54, No. 44, November 2, 2024
Any deposit of money or securities received will be held until the organization's liability for payments is terminated. Upon termination of liability the deposit will be returned, minus any amount, including interest and penalty, due the Department. The Department is authorized to sell securities deposited to satisfy any amount due, in which event any interest and increase in value accruing on the securities will be applied to the amount due to the Department.
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