Nebraska § 48-142 Compensation; amount agreed upon; payment to trustee; procedure

Nebraska Statutes

§ 48-142 — Compensation; amount agreed upon; payment to trustee; procedure

Nebraska § 48-142

Ch. 48Labor

This text of Nebraska § 48-142 (Compensation; amount agreed upon; payment to trustee; procedure) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 48-142 (2026).

Text

At any time after the amount of any award has been agreed upon by the parties and approved by the Nebraska Workers' Compensation Court, a sum equal to the present value of all future installments of compensation may, when death or the nature of the injury renders the amount of future payments certain, by leave of the compensation court, be paid by the employer, or by the insurance company carrying such risk, as the case may be, to any savings bank or trust company of this state, in good standing, and such sum together with all interest thereon, shall thereafter be held in trust for the employee or the dependents of the employee, who shall have no further recourse against the employer. The payment of such sum by the employer, evidenced by the receipt of the trustee to be filed with the comp

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At any time after the amount of any award has been agreed upon by the parties and approved by the Nebraska Workers' Compensation Court, a sum equal to the present value of all future installments of compensation may, when death or the nature of the injury renders the amount of future payments certain, by leave of the compensation court, be paid by the employer, or by the insurance company carrying such risk, as the case may be, to any savings bank or trust company of this state, in good standing, and such sum together with all interest thereon, shall thereafter be held in trust for the employee or the dependents of the employee, who shall have no further recourse against the employer. The payment of such sum by the employer, evidenced by the receipt of the trustee to be filed with the compensation court, shall operate as a satisfaction of such award as to the employer. Payments from such fund shall be made by the trustee in the same amounts and at the same time as are herein required of the employer until the fund and interest shall be exhausted. In the appointment of the trustee, preference shall be given, in the discretion of the compensation court, to the choice of the injured employee or the dependents of the deceased employee as the case may be.

Legislative History

Source: Laws 1913, c. 198, § 43, p. 597; R.S.1913, § 3684; Laws 1917, c. 85, § 19, p. 214; C.S.1922, § 3066; C.S.1929, § 48-143; Laws 1935, c. 57, § 28, p. 201; C.S.Supp.,1941, § 48-143; R.S.1943, § 48-142; Laws 1975, LB 187, § 7; Laws 1986, LB 811, § 60.