2014 Nebraska Revised Statutes
Chapter 83 - STATE INSTITUTIONS
83-915 - Trust funds; investment; income; use.


NE Code § 83-915 (2014) What's This?

83-915. Trust funds; investment; income; use.

The Department of Correctional Services shall invest any surplus trust funds belonging to inmates in its custody with the state investment officer. The interest accruing from any investments shall be credited to the Inmate Welfare and Club Accounts Fund created under section 83-915.01. The department shall also provide inmates with the option of having an interest-earning savings account and shall notify the inmates of such option and the terms of such account.

Source

    Laws 1973, LB 563, § 67;
    Laws 1980, LB 698, § 1;
    Laws 2002, LB 604, § 1.


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