Penal Code § 5007
‹ § 5006.1§ 5007.3 ›Open in browserleginfo ↗5007.
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.
(Amended by Stats. 2012, Ch. 831, Sec. 4. (SB 542) Effective January 1, 2013.)