2006 Nebraska Revised Statutes - § 81-1835 — Victim\'s Compensation Fund; established; purpose; investment.

Section 81-1835
Victim's Compensation Fund; established; purpose; investment.

There is hereby established in the state treasury a Victim's Compensation Fund from which all awards or judgments under the Nebraska Crime Victim's Reparations Act shall be paid. This fund shall include deposits pursuant to sections 29-2286, 81-1836, and 83-183.01 and shall be in such amount as the Legislature shall determine to be reasonably sufficient to meet anticipated claims. When the amount of money in the fund is not sufficient to pay any awards or judgments under the act, the Director of Administrative Services shall immediately advise the Legislature and request an emergency appropriation to satisfy such awards and judgments. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.

Source:

Laws 1978, LB 910, § 35

Laws 1986, LB 540, § 33

Laws 1987, LB 353, § 2

Laws 1995, LB 7, § 132

Cross References:

Nebraska Capital Expansion Act,see section 72-1269.

Nebraska State Funds Investment Act,see section 72-1260.

~Reissue Revised Statutes of Nebraska