The chief executive officer of any institution coming within the jurisdiction of the Department of Corrections or Human Services is hereby empowered to deposit and maintain the funds of any inmate or person receiving services from the Department of Human Services, as applicable, in a special fund for the use and benefit of the inmate or person, or for the payment of the inmate's or person's maintenance in the institution, as a court of competent jurisdiction may by order direct. A general ledger shall be maintained in the office of each institution which shall contain a separate account for each inmate or person and indicate the amount on deposit for the inmate or person.
Any interest paid by a bank or trust company wherein the fund is maintained may be utilized by the board of managers of the institution for the use, benefit, and general welfare of the inmate population as a whole or for the use, benefit, and general welfare of the person receiving services from the Department of Human Services, as applicable.
N.J.S. § 30:4-67.1