Nebraska Statutes
§ 72-1240 — State investment officer; appointment; qualifications; salary; removal
Nebraska·Ch. 72 Public Lands, Buildings, and Funds
The council shall appoint a state investment officer. The appointment shall be subject to the approval of the Governor and a majority of the Legislature. The state investment officer shall be a person well qualified by training to administer and invest the money available for investment, and he or she shall have at least five years of experience in the management of investment portfolios. The state investment officer's salary shall be fixed by the council at not less than twenty-five thousand dollars per year. The state investment officer shall serve without term and may be removed for cause by the council.
Free access — add to your briefcase to read the full text and ask questions with AI
Nebraska § 72-1240 (State investment officer; appointment; qualifications; salary; removal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Opinion No. (1999)
(Nebraska Attorney General Reports, 1999)
Legislative History
Source: Laws 1969, c. 584, § 4, p. 2350; Laws 1974, LB 396, § 1; Laws 1996, LB 847, § 22; Laws 1997, LB 4, § 2.
Nearby Sections
15
§ 72-1002
Repealed. Laws 1959, c. 265, § 1§ 72-1003
Repealed. Laws 1959, c. 265, § 1§ 72-1004
Repealed. Laws 1959, c. 265, § 1§ 72-1005
Repealed. Laws 2021, LB509, § 25§ 72-1006
Repealed. Laws 1963, c. 422, § 6§ 72-1007
Repealed. Laws 1969, c. 594, § 4§ 72-1008
Repealed. Laws 1972, LB 1044, § 1§ 72-1009
Repealed. Laws 1972, LB 1044, § 1§ 72-101
Sale or lease; how validated§ 72-1010
Repealed. Laws 1972, LB 1044, § 1§ 72-1011
Repealed. Laws 1972, LB 1044, § 1