reglab/housing_qa huggingface dataset:
NE Code § 77-2363 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2363 - Public funds; actions to recover; validity of contracts.

77-2363.  Public funds; actions to recover; validity of contracts.In all cases in which public money or funds belonging to the United States, an agency of the United States, the State of Nebraska, or any political subdivision in this state have been deposited or loaned to any person or persons, corporation, bank, capital stock financial institution, qualifying mutual financial institution, partnership, limited liability company, or other firm or association of persons, it shall be lawful for the officer or officers making such deposit or loan or his, her, or their successors in office to maintain an action or actions for the recovery of such money so deposited or loaned. All contracts made for the security or payment of any such money or public funds shall be held to be good and lawful contracts binding on all parties thereto.Source   Laws 1879, § 1, p. 156;   R.S.1913, § 6675;   C.S.1922, § 6212;   C.S.1929, § 77-2601;   Laws 1933, c. 120, § 1, p. 488;   Laws 1935, c. 4, § 1, p. 66;   Laws 1937, c. 169, § 1, p. 674;   C.S.Supp.,1941, § 77-2601;   Laws 1943, c. 19, § 5, p. 105;   R.S.1943, § 77-2363;   Laws 1987, LB 440, § 11;   Laws 1988, LB 802, § 15;   Laws 1989, LB 33, § 76;   Laws 1990, LB 1165, § 1;   Laws 1993, LB 121, § 498;   Laws 1994, LB 1118, § 20;   Laws 1996, LB 1274, § 49;  Laws 2001, LB 362, § 70.  Annotations  Where village brings suit against sureties who had given a bond to protect deposit, and sureties consent to entry of judgment against them, it is an admission that bank was a legal depository. Shumway v. Department of Banking, 131 Neb. 246, 267 N.W. 469 (1936), withdrawing opinion 130 Neb. 491, 265 N.W. 553 (1936). County treasurer having loaned or invested public funds without authority, may, in his official capacity, maintain action for their recovery. Woods v. Brown County, 125 Neb. 692, 251 N.W. 839 (1933). Officer making deposit hereunder, or his successor in office, in his official capacity, may maintain action or actions for recovery of such money. State ex rel. Sorensen v. Nemaha County Bank of Auburn, 124 Neb. 883, 248 N.W. 650 (1933). Bond given by state bank to secure school district deposits is valid obligation hereunder, and sureties on such bond are bound thereby. Liberty High School District of Sioux County v. Currie, 122 Neb. 173, 240 N.W. 286 (1931). Section is remedial, and should be given liberal construction. McIntosh v. Johnson, 51 Neb. 33, 70 N.W. 522 (1897). County funds, wrongfully deposited in bank, cease to be public funds. First Nat. Bank of South Bend Indiana v. Gandy, 11 Neb. 431, 9 N.W. 566 (1881). Where State Treasurer was not authorized to deposit funds, state had no right of action against bank. State v. Keim and Gamble, 8 Neb. 63 (1878).
NE Code § 77-2364 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2364 - Public funds; depositories; authority to give bond or security.

77-2364.  Public funds; depositories; authority to give bond or security.All depositories of public money or other funds belonging to the United States, the State of Nebraska, or the political subdivisions in this state shall have full authority to give bond for the safekeeping and payment of such deposits and the accretions thereof. In lieu of such bond, such depositories shall have full authority to give security as provided in the Public Funds Deposit Security Act. The State of Nebraska and any political subdivision in this state are hereby given the right and authority to accept such bonds or, in lieu thereof, such giving of security as provided in the act. Nothing in this section shall be construed to in any manner affect the liability of any surety or signers of any official bond hereafter given or made in this state.Source   Laws 1879, § 1, p. 156;   R.S.1913, § 6675;   C.S.1922, § 6212;   C.S.1929, § 77-2601;   Laws 1933, c. 120, § 1, p. 488;   Laws 1935, c. 4, § 1, p. 66;   Laws 1937, c. 169, § 1, p. 674;   C.S.Supp.,1941, § 77-2601;   Laws 1943, c. 19, § 5, p. 105;   R.S.1943, § 77-2364;   Laws 1989, LB 33, § 77;   Laws 1996, LB 1274, § 50.  Cross References  Public Funds Deposit Security Act, see section 77-2386.Annotations  Section authorizes bank to pledge assets for security of deposits of city of second class by contract, and such contract is binding on both parties in absence of statutory prohibition. Luikart v. City of Aurora, 125 Neb. 263, 249 N.W. 590 (1933). Irrigation district is a public corporation but is not a municipality within meaning of this section, and bank is without authority to pledge assets to secure deposit of irrigation district funds unless expressly authorized to do so. Bliss v. Pathfinder Irrigation District, 122 Neb. 203, 240 N.W. 291 (1932). State bank may contract to indemnify sureties on depository bond given to secure public deposits, and may pledge sufficient assets to protect such sureties from loss. Bliss v. Mason, 121 Neb. 484, 237 N.W. 581 (1931).
NE Code § 77-2365 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2365 - Revenue-Sharing Trust Fund; created; investment; expenditure.

77-2365.  Revenue-Sharing Trust Fund; created; investment; expenditure.There is hereby established in the state treasury a special fund to be known as the Revenue-Sharing Trust Fund to which shall be credited all funds received by the state under the federal State and Local Fiscal Assistance Act of 1972, Public Law 92-512, or act successor thereto and to which shall be credited all earnings from the investment thereof. No expenditure shall be made from such fund except upon specific appropriation by the Legislature. Any such appropriation shall in all respects comply with the terms of the law and rules and regulations pursuant to which the federal government disburses such funds to the state. 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.Source   Laws 1973, LB 122, § 1;   Laws 1995, LB 7, § 87.  Cross References   Nebraska Capital Expansion Act, see section 72-1269.  Nebraska State Funds Investment Act, see section 72-1260.
NE Code § 77-2365.02 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2365.02 - Funds of state or political subdivisions; investment or deposit in interest-bearing deposits; conditions.

77-2365.02.  Funds of state or political subdivisions; investment or deposit in interest-bearing deposits; conditions.Notwithstanding any other provision of law, to the extent that the funds of this state or any political subdivision of this state may be invested or deposited, by the appropriate custodian of such funds, in interest-bearing deposits with banks, capital stock financial institutions, or qualifying mutual financial institutions, such authorization may include the investment or deposit of funds in interest-bearing deposits in accordance with the following conditions as an alternative to the furnishing of securities or the providing of a deposit guaranty bond pursuant to the Public Funds Deposit Security Act:(1) The bank, capital stock financial institution, or qualifying mutual financial institution in this state through which the investment or deposit of funds is initially made arranges for the deposit of a portion or all of such funds in interest-bearing deposits with other banks, capital stock financial institutions, or qualifying mutual financial institutions located in the United States;(2) Each such interest-bearing deposit is fully insured or guaranteed by the Federal Deposit Insurance Corporation;(3) The bank, capital stock financial institution, or qualifying mutual financial institution through which the investment or deposit of funds was initially made acts as a custodian for the state or political subdivision with respect to any such interest-bearing deposit issued for the account of the state or political subdivision; and(4) At the same time that the funds are deposited into other banks, capital stock financial institutions, or qualifying mutual financial institutions, the bank, capital stock financial institution, or qualifying mutual financial institution through which the investment or deposit of funds in interest-bearing deposits was initially made receives an amount of deposits from customers of other banks, capital stock financial institutions, or qualifying mutual financial institutions located in the United States which is equal to or greater than the amount of the investment or deposit of funds in interest-bearing deposits initially made by the state or political subdivision.Source  Laws 2004, LB 999, § 51;  Laws 2009, LB259, § 23;  Laws 2012, LB836, § 1. Cross References  Public Funds Deposit Security Act, see section 77-2386.
NE Code § 77-2366 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2366 - Funds of state or political subdivisions; deposit with capital stock financial institutions; conditions.

77-2366.  Funds of state or political subdivisions; deposit with capital stock financial institutions; conditions.(1) Notwithstanding any other provision of law, any local ordinance or regulation, or any rule or regulation to the contrary, the funds of this state or any political subdivision of the state may be deposited, by the appropriate custodians of such funds, with capital stock financial institutions to the same extent and subject to the same terms, conditions, and limitations, including collateralization required, if any, as may be otherwise provided for the deposit of such funds in banks. Capital stock financial institutions shall include state and national banks, capital stock state building and loan associations, capital stock federal savings and loan associations, capital stock federal savings banks, and capital stock state savings banks, which have a main chartered office in this state, any branch thereof in this state, or any branch in this state of a capital stock financial institution which maintained a main chartered office in this state prior to becoming a branch of such capital stock financial institution. To the extent any deposit in any bank is:(a) Required to be subject to check or draft, then such deposit may be subject to order; and(b) Required to be made, maintained, or otherwise dealt with by reference to the capital of any bank, then it may be so made, maintained, or dealt with by reference to the capital or net worth of such financial institution, and if by reference to the undivided profits, capital notes, debentures, or other capital items of any bank, then to any unimpaired reserves, capital notes, and debentures or comparable capital items of such other financial institution.(2) To the extent the state or any political subdivision is or may ever be required by any law to deposit funds in any bank, the state or any such political subdivision shall, to the same extent and subject to the same terms, conditions, and limitations, including collateralization required, be required to make deposits in any capital stock financial institution on the same basis.(3) This section shall be applied in a manner consistent with the intention of the Legislature which is to provide for the deposit of funds of the state and any political subdivision in capital stock financial institutions.Source   Laws 1988, LB 488, § 1;   Laws 1992, LB 757, § 33;  Laws 2003, LB 131, § 36;  Laws 2004, LB 999, § 49.
NE Code § 77-2367 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2367 - Revisor of Statutes; duty.

77-2367.  Revisor of Statutes; duty.In any section of the law dealing with the deposit of funds of any political subdivision, the Revisor of Statutes shall substitute or add the term capital stock financial institution, as defined in section 77-2366, for the term bank so long as the result is not inconsistent with the intention of sections 77-2366 and 77-2367.Source   Laws 1988, LB 488, § 2;   Laws 1989, LB 33, § 78.
NE Code § 77-2368 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2368 - Sale of recyclable and reusable products, materials, and supplies; proceeds; disposition.

77-2368.  Sale of recyclable and reusable products, materials, and supplies; proceeds; disposition.Revenue from the sale by the state of recyclable and reusable products, materials, and supplies shall be remitted to the State Treasurer for credit to the Resource Recovery Fund.Source  Laws 1990, LB 163, § 8.
NE Code § 77-2369 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2369 - Local hospital district; funds; deposit required; secretary-treasurer; duties.

77-2369.  Local hospital district; funds; deposit required; secretary-treasurer; duties.The secretary-treasurer of each local hospital district in the State of Nebraska shall deposit, and at all times keep on deposit for safekeeping in the state or national banks, capital stock financial institutions, or qualifying mutual financial institutions doing business in the district of approved and responsible standing, the amount of money in his or her hands collected and held by him or her as secretary-treasurer. Any check, draft, order, or other negotiable instrument deposited by the secretary-treasurer, except when drawn upon the bank, capital stock financial institution, or qualifying mutual financial institution in which the deposit is made, shall be received by the bank, capital stock financial institution, or qualifying mutual financial institution for collection only and shall be subject to final payment thereof to the bank, capital stock financial institution, or qualifying mutual financial institution. Collection of such items shall be in the usual course of business and except for its own negligence, the bank, capital stock financial institution, or qualifying mutual financial institution shall not be liable thereon until and unless payment is actually received. 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.Source   Laws 1994, LB 1118, § 1;  Laws 2001, LB 362, § 71.
NE Code § 77-2370 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2370 - Local hospital district; selection of depository; procedure.

77-2370.  Local hospital district; selection of depository; procedure.Any bank, capital stock financial institution, or qualifying mutual financial institution located in the district may apply for the privilege of keeping money upon the following conditions: All deposits shall be subject to payment when demanded by the secretary-treasurer on his or her check or order and subject also to such regulations as are imposed by law and the rules adopted by the secretary-treasurer for holding and receiving such deposits. It shall be the duty of the board of directors to act on the application or applications of any and all banks, capital stock financial institutions, or qualifying mutual financial institutions, state or national, as may ask for the privilege of becoming the depository of such money, as well as to approve the bonds of those selected incident to such relation, and the secretary-treasurer shall not deposit such money or any part thereof in any bank, capital stock financial institution, or qualifying mutual financial institution other than such as may have been so selected by the board of directors for such purposes, if any such bank, capital stock financial institution, or qualifying mutual financial institution has been so selected by the board of directors.Source   Laws 1994, LB 1118, § 2;  Laws 2001, LB 362, § 72.
NE Code § 77-2371 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2371 - Local hospital district; deposits; requirements.

77-2371.  Local hospital district; deposits; requirements.When more than one bank, capital stock financial institution, or qualifying mutual financial institution may have been selected by the board of directors as depositories, the secretary-treasurer shall not give a preference to any one or more of them in the money he or she may so deposit, but shall keep deposited with each of such banks, capital stock financial institutions, or qualifying mutual financial institutions such a part of the money as the capital of such bank, capital stock financial institution, or qualifying mutual financial institution as of December 31 of the preceding year is a part of the amount of all the capital of all the banks, capital stock financial institutions, or qualifying mutual financial institutions so selected as of December 31 of the preceding year, so that such money may at all times be deposited with such banks, capital stock financial institutions, or qualifying mutual financial institutions pro rata as to their capital, except that the secretary-treasurer may select one or more banks, capital stock financial institutions, or qualifying mutual financial institutions to be used for active accounts in which he or she may keep deposited in excess of these requirements only such funds as may be necessary for the transaction of ordinary day-to-day requirements. For purposes of this section, capital shall mean capital stock, surplus, undivided profits, capital notes or debentures, and other unimpaired reserves. 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.Source   Laws 1994, LB 1118, § 3;   Laws 1996, LB 1274, § 51;  Laws 2001, LB 362, § 73.
NE Code § 77-2372 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2372 - Local hospital district; investments authorized; interest; how credited.

77-2372.  Local hospital district; investments authorized; interest; how credited.A secretary-treasurer may by and with the consent of the board of directors invest in United States Government bonds, bonds and debentures issued either singly or collectively by any of the twelve federal land banks, the twelve intermediate credit banks, or the thirteen banks for cooperatives under the supervision of the Farm Credit Administration, United States Treasury notes, bills, or certificates of indebtedness maturing within two years from the date of purchase, or in certificates of deposit. Every secretary-treasurer having invested in such securities shall deliver the same to his or her successor, who shall receive and accept the same as funds of the office. The interest received on any investments authorized by this section and section 77-2385 shall be credited to the general fund of the local hospital district, or to a fund to be used exclusively for the purposes contemplated by the provisions of section 23-3548, in the discretion of the board of directors. If such interest is received on a fund which shall not have been commingled with any other fund for investment purposes, then any interest received shall be credited to the fund from which the investment shall have been made. It shall be in the discretion of the board of directors whether any fund shall be commingled or invested from an identifiable account.Source  Laws 1994, LB 1118, § 4.
NE Code § 77-2373 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2373 - Local hospital district; depositories; bond requirements; payment of deposits.

77-2373.  Local hospital district; depositories; bond requirements; payment of deposits.For the security of the funds deposited under the provisions of sections 77-2369 to 77-2385, the secretary-treasurer shall require all such depositories to give bonds for the safekeeping and payment of such deposits and the accretions thereof, except as otherwise provided in section 77-2385 for time deposits. The bond shall run to the people of the local hospital district, be approved by the board of directors, and be conditioned that the depository shall, at the end of each and every month, render to the secretary-treasurer and the board of directors a statement in duplicate showing the several daily balances and the amounts of money of the local hospital district held by it during the month and how credited. For the payment of the deposits, the depository shall render such deposits when demanded by the secretary-treasurer on his or her check at any time, perform whatever else is required by sections 77-2369 to 77-2385, and faithfully discharge the trust reposed in such depository.Source  Laws 1994, LB 1118, § 5.
NE Code § 77-2374 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2374 - Local hospital district; bond; surety; limitation.

77-2374.  Local hospital district; bond; surety; limitation.The bond in substance shall be similar to the bond required and set forth in section 77-2304. No person in any way connected with any depository bank, capital stock financial institution, or qualifying mutual financial institution as an officer or stockholder shall be accepted as a surety on any bond given by the bank, capital stock financial institution, or qualifying mutual financial institution of which he or she is an officer or stockholder.Source   Laws 1994, LB 1118, § 6;   Laws 1996, LB 1274, § 52;  Laws 2001, LB 362, § 74.
NE Code § 77-2375 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2375 - Local hospital district; deposit; limitation on amount; excess deposit; security required.

77-2375.  Local hospital district; deposit; limitation on amount; excess deposit; security required.The secretary-treasurer shall not have on deposit in any bank, capital stock financial institution, or qualifying mutual financial institution at any time more money than the amount insured or guaranteed by the Federal Deposit Insurance Corporation, plus the maximum amount of the bond given by such bank, capital stock financial institution, or qualifying mutual financial institution in cases when the bank, capital stock financial institution, or qualifying mutual financial institution gives a guaranty bond, except as provided in section 77-2376. The amount on deposit at any time with any bank, capital stock financial institution, or qualifying mutual financial institution shall not exceed fifty percent of the capital and surplus of such bank, capital stock financial institution, or qualifying mutual financial institution, except as provided in section 77-2376. When the amount of money which the secretary-treasurer desires to deposit in the banks, capital stock financial institutions, or qualifying mutual financial institutions within the district exceeds fifty percent of the capital and surplus of all of the banks, capital stock financial institutions, or qualifying mutual financial institutions in such local hospital district, the secretary-treasurer may, with the consent of the board of directors, deposit an amount in excess thereof, but not exceeding the capital and surplus in any one bank, capital stock financial institution, or qualifying mutual financial institution, unless the depository gives security as provided in section 77-2376. Bond shall be required of all banks, capital stock financial institutions, or qualifying mutual financial institutions for such excess deposit, unless security is given in accordance with section 77-2376. The bonds shall be deposited with the secretary-treasurer and approved by 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.Source   Laws 1994, LB 1118, § 7;   Laws 1996, LB 1274, § 53;  Laws 2001, LB 362, § 75;  Laws 2009, LB259, § 24.