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Code · Nebraska · Chapter 81 — State Administrative Departments

81-2516. Commission on Indian Affairs Cash Fund; created; use; investment.

114 words·~1 min read·/ne/chapter-81/81-2516

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The Commission on Indian Affairs Cash Fund is created. The fund shall be administered by the Commission on Indian Affairs. The fund shall consist of money from contracts, fees, grants, or gifts from nonfederal sources received by the state and any investment income earned on the fund. The fund may be used to support the commission's operations pursuant to sections 81-2501 to 81-2508 . The Department of Administrative Services may for accounting purposes create subfunds of the fund to segregate awards or allocations received.
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.
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