California Penal Code

§ 5007

PEN § 5007 Effective Jan 1, 2013Title 7 · Part 3 · Ch. 1

Statute text

The Secretary of the Department of Corrections and Rehabilitation may invest money in the Inmate Welfare Fund that in his or her opinion is not necessary for immediate use, with the approval of the Department of Finance, and interest earned and other increment derived from investments made pursuant to this section shall be paid into the Inmate Welfare Fund of the Department of Corrections and Rehabilitation.

Legislative history

Amended by Stats. 2012, Ch. 831, Sec. 4. (SB 542) Effective January 1, 2013.