Nebraska Statutes 83-915. Trust funds; investment; income; use
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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.
Terms Used In Nebraska Statutes 83-915
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801