Nebraska § 77-2376 Local hospital district; excess deposit; security requirements

Nebraska Statutes

§ 77-2376 — Local hospital district; excess deposit; security requirements

Nebraska § 77-2376

Ch. 77Revenue and Taxation

This text of Nebraska § 77-2376 (Local hospital district; excess deposit; security requirements) 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. § 77-2376 (2026).

Text

The secretary-treasurer may deposit in any bank, capital stock financial institution, or qualifying mutual financial institution of the local hospital district in which he or she is secretary-treasurer amounts in excess of amounts authorized in section  77-2375  when (1) the depository secures the deposits by giving security as provided in the Public Funds Deposit Security Act and (2) the same is approved by a formal resolution of the board of directors. Section  77-2366  shall apply to deposits in capital stock financial institutions. Section  77-2365.01  shall apply to deposits in qualifying mutual financial institutions.

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The secretary-treasurer may deposit in any bank, capital stock financial institution, or qualifying mutual financial institution of the local hospital district in which he or she is secretary-treasurer amounts in excess of amounts authorized in section 77-2375 when (1) the depository secures the deposits by giving security as provided in the Public Funds Deposit Security Act and (2) the same is approved by a formal resolution of the board of directors. Section 77-2366 shall apply to deposits in capital stock financial institutions. Section 77-2365.01 shall apply to deposits in qualifying mutual financial institutions.

Legislative History

Source: Laws 1994, LB 1118, § 8; Laws 1996, LB 1274, § 54; Laws 2001, LB 362, § 76. Cross References: Public Funds Deposit Security Act, see section 77-2386.