44-2039. Securities regulatory and enforcement
fund; purpose
A. The securities regulatory and enforcement fund is established and shall be
administered by the commission under the conditions and for the purposes provided by this
section. Monies in the fund are exempt from the provisions of section 35-190 relating to
lapsing.
B. Fees collected pursuant to section 44-1861, subsections A, D and P and section
44-3324 shall be deposited, pursuant to sections 35-146 and 35-147, in the securities
regulatory and enforcement fund, except as provided in subsection D of this section and
except that all other revenues collected in each fiscal year in excess of the amount
appropriated from the fund by the legislature shall be deposited in the state general
fund.
C. Monies in the fund are subject to legislative appropriation. The commission
shall use the monies in the fund for education and regulatory, investigative and
enforcement operations in the securities division and a part of general administrative
and hearing expenses of the commission.
D. On February 1 and June 30 of each year, monies deposited in the securities
regulatory and enforcement fund pursuant to section 44-3324 are transferred to the state
general fund.
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