Nebraska § 85-1540 Nebraska Community
College Student Performance and Occupational Education Grant Fund; created; administration; use; investment

Nebraska Statutes

§ 85-1540 — Nebraska Community College Student Performance and Occupational Education Grant Fund; created; administration; use; investment

Nebraska § 85-1540

Ch. 85State University, State Colleges, and Postsecondary Education

This text of Nebraska § 85-1540 (Nebraska Community College Student Performance and Occupational Education Grant Fund; created; administration; use; investment) 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. § 85-1540 (2026).

Text

There
is hereby created the Nebraska Community College Student Performance and Occupational
Education Grant Fund. The fund shall be under the direction of the Nebraska
Community College Student Performance and Occupational Education Grant Committee and shall be administered by the Coordinating
Commission for Postsecondary Education. The fund shall consist of money received
by the state in the form of grants or gifts from nonfederal sources, such
other amounts as may be transferred or otherwise accrue to the fund, and any
investment income earned on the fund. The fund shall
be used to provide aid or grants to the community colleges pursuant to section  85-1539 . Any
money in the fund available for investment shall be invested by the state
investment officer pursuant to the Nebraska Capital 

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There
is hereby created the Nebraska Community College Student Performance and Occupational
Education Grant Fund. The fund shall be under the direction of the Nebraska
Community College Student Performance and Occupational Education Grant Committee and shall be administered by the Coordinating
Commission for Postsecondary Education. The fund shall consist of money received
by the state in the form of grants or gifts from nonfederal sources, such
other amounts as may be transferred or otherwise accrue to the fund, and any
investment income earned on the fund. The fund shall
be used to provide aid or grants to the community colleges pursuant to section 85-1539 . Any
money in the fund available for investment shall be invested by the state
investment officer pursuant to the Nebraska Capital Expansion Act and the
Nebraska State Funds Investment Act.

Legislative History

Source: Laws 1989, LB 305, § 1; Laws 1991, LB 663, § 52; R.S.Supp.,1992, § 79-2664; Laws 1993, LB 239, § 62; Laws 1994, LB 1066, § 140; Laws 1995, LB 1, § 16; Laws 2000, LB 953, § 12; Laws 2012, LB946, § 23; Laws 2013, LB211, § 5. Cross References: Nebraska Capital Expansion Act, see section 72-1269. Nebraska State Funds Investment Act, see section 72-1260.