88-552. Nebraska Grain Warehouse Surveillance Cash Fund; created; use; investment.
123 words·~1 min read·
/ne/chapter-88/88-552A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is hereby created in the state treasury a fund to be known as the Nebraska Grain Warehouse Surveillance Cash Fund. Such fund shall be used solely for disbursing funds and receiving reimbursement for services performed by the commission in the suspension or termination of a warehouse operation, except that transfers may be made from the fund to the General Fund at the direction of the Legislature. All money received by the commission for such services shall be remitted to the State Treasurer for credit to the Nebraska Grain Warehouse Surveillance Cash Fund.
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.