81-1835 Victim's Compensation Fund; created; use; investment. - Nebraska Statutes

81-1835. Victim's CompensationFund; created; use; investment.The Victim's CompensationFund is created. The fund shall be used to pay awards or judgments under theNebraska Crime Victim's Reparations Act other than distributions from theCommunity Trust. The fund shall include deposits pursuant to sections 29-2286, 33-157, 81-1836, 83-183.01, and 83-184 and donations or contributions from publicor private sources and shall be in such amount as the Legislatureshall determine to be reasonably sufficient to meet anticipated claims. Whenthe amount of money in the fund is not sufficient to pay any awards or judgmentsunder the act, the Director of Administrative Services shall immediately advisethe Legislature and request an emergency appropriation to satisfy such awardsand judgments. Any money in the fund available for investment shall be investedby the state investment officer pursuant to the Nebraska Capital ExpansionAct and the Nebraska State Funds Investment Act. SourceLaws 1978, LB 910, § 35; Laws 1986, LB 540, § 33; Laws 1987, LB 353, § 2; Laws 1995, LB 7, § 132; Laws 2009, LB598, § 14; Laws 2010, LB510, § 4.Effective Date: July 15, 2010 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.