§21A-6-12. Suspension of partial benefit rights.
If at any time the unemployment compensation fund, including
the trust fund, clearing account and benefit account, and
excluding therefrom an amount, estimated by the commissioner,
equal to the sum of the benefit liabilities then accrued and
unpaid, shall fall below the sum of five million dollars, the
commissioner, with the concurrence of a majority of the advisory
council, and with the consent and approval of the governor, may
suspend the right to receive benefit for periods of partial
unemployment not then completed, and no right to benefit for
periods of partial unemployment completed or occurring during the
period of such suspension shall then or thereafter accrue. At any
time subsequent to such suspension the commissioner, with the
concurrence of a majority of the advisory council, and with the
consent and approval of the governor, may rescind, and whenever
the unemployment compensation fund, including the trust fund,
clearing account and benefit account, and excluding therefrom an
amount, estimated by the commissioner, equal to the sum of the
benefit liabilities then accrued and unpaid, reaches the sum of
ten million dollars, the commissioner shall rescind such
suspension as to periods of partial unemployment not then
completed.