Nebraska § 83-915 Trust funds; investment; income; use

Nebraska Statutes

§ 83-915 — Trust funds; investment; income; use

Nebraska·Ch. 83 State Institutions

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.

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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.

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