81-2,147.11 Nebraska Seed Administrative Cash Fund; created; use; investment. - Nebraska Statutes

81-2,147.11. NebraskaSeed Administrative Cash Fund; created; use; investment.There is hereby created a fund to be known as the Nebraska SeedAdministrative Cash Fund. All money received pursuant to the Nebraska SeedLaw shall be remitted to the State Treasurer for credit to such fund. Allmoney credited to the fund shall be used by the Department of Agricultureto aid in defraying the cost of administering such law, except that transfers may be made from the fund to theGeneral Fund at the direction of the Legislature. Any money inthe Nebraska Seed Administrative Cash Fund availablefor investment shall be invested by the state investment officer pursuantto the Nebraska Capital Expansion Act and the Nebraska State Funds InvestmentAct. SourceLaws 1985, LB 460, § 18; Laws 1995, LB 7, § 98; Laws 2009, First Spec. Sess., LB3, § 63.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.