reglab/housing_qa huggingface dataset:
NE Code § 77-2376 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2376 - Local hospital district; excess deposit; security requirements.

77-2376.  Local hospital district; excess deposit; security requirements.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.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.
NE Code § 77-2377 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2377 - Local hospital district; deposit in institutions outside district; when.

77-2377.  Local hospital district; deposit in institutions outside district; when.When banks, capital stock financial institutions, or qualifying mutual financial institutions located in the local hospital district refuse or neglect to bid on money of the local hospital district, when there are no banks, capital stock financial institutions, or qualifying mutual financial institutions in the local hospital district, or when the banks, capital stock financial institutions, or qualifying mutual financial institutions located in the local hospital district do not have sufficient capital and surplus to receive such money under sections 77-2369 to 77-2385, then any surplus over the amount specified that banks, capital stock financial institutions, or qualifying mutual financial institutions in the local hospital district may receive shall be deposited in banks, capital stock financial institutions, or qualifying mutual financial institutions outside of the local hospital district having sufficient capital and surplus under the same conditions and terms as if in the local hospital district. 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, § 9;  Laws 2001, LB 362, § 77.
NE Code § 77-2378 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2378 - Local hospital district; security in lieu of bond authorized.

77-2378.  Local hospital district; security in lieu of bond authorized.In lieu of a bond as provided in sections 77-2373 to 77-2377, any bank, capital stock financial institution, or qualifying mutual financial institution making application to become a depository under sections 77-2369 to 77-2385 may give security as provided in the Public Funds Deposit Security Act to the secretary-treasurer. 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, § 10;   Laws 1996, LB 1274, § 55;  Laws 2001, LB 362, § 78.  Cross References  Public Funds Deposit Security Act, see section 77-2386.
NE Code § 77-2381 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2381 - Local hospital district; violations; penalty.

77-2381.  Local hospital district; violations; penalty.Any treasurer or any officer of a bank, capital stock financial institution, or qualifying mutual financial institution who shall directly or indirectly violate or knowingly permit to be violated the provisions of sections 77-2373 to 77-2381, so far as such sections relate to the deposit of public money in a bank, capital stock financial institution, or qualifying mutual financial institution, shall be guilty of a Class IV felony. 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, § 13;  Laws 2001, LB 362, § 79.
NE Code § 77-2382 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2382 - Local hospital district; secretary-treasurer; duty.

77-2382.  Local hospital district; secretary-treasurer; duty.It shall be the duty of the secretary-treasurer to use all reasonable and proper means to secure to the local hospital district the best terms for the depositing of the money belonging to the local hospital district consistent with the safekeeping and prompt payment of the funds of the local hospital district when demanded.Source  Laws 1994, LB 1118, § 14.
NE Code § 77-2383 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2383 - Local hospital district; secretary-treasurer; prohibited acts; violation; penalty; liability on bond.

77-2383.  Local hospital district; secretary-treasurer; prohibited acts; violation; penalty; liability on bond.The making of profit, directly or indirectly, by the secretary-treasurer out of any money in the local hospital district treasury belonging to the local hospital district, the custody of which the secretary-treasurer is charged with, by loaning or depositing or otherwise using or depositing the same in any manner, or the removal by the secretary-treasurer or by his or her consent of such money or a part thereof out of the vault of the secretary-treasurer's department or any legal depository of such money, except for the payment of warrants legally drawn or for the purpose of depositing the same in the banks, capital stock financial institutions, or qualifying mutual financial institutions selected as depositories under the provisions of sections 77-2369 to 77-2385, shall be deemed a Class IV felony, and the secretary-treasurer shall also be liable under and upon his or her official bond for all profits realized from such unlawful using of such funds.Source   Laws 1994, LB 1118, § 15;  Laws 2001, LB 362, § 80.
NE Code § 77-2384 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2384 - Local hospital district; secretary-treasurer; violation; penalty; recovery under bond; procedure.

77-2384.  Local hospital district; secretary-treasurer; violation; penalty; recovery under bond; procedure.If the secretary-treasurer shall willfully fail or refuse at any time to do or perform any act required of him or her by sections 77-2369 to 77-2385, he or she shall be guilty of a Class I misdemeanor. It shall be the duty of the appropriate county attorney or the Attorney General to enter and prosecute to final determination all suits for the recovery of any penalty arising under the conditions of any bond required to be given by the provisions of such sections.Source  Laws 1994, LB 1118, § 16.
NE Code § 77-2385 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2385 - Local hospital district; time deposits authorized; requirements.

77-2385.  Local hospital district; time deposits authorized; requirements.The secretary-treasurers of the various local hospital districts of the state may, upon resolution of their respective boards of directors authorizing such action, make time deposits in banks, capital stock financial institutions, or qualifying mutual financial institutions selected as depositories of the local hospital district funds under sections 77-2369 to 77-2372. The time deposits shall bear interest and shall be secured as set forth in section 77-2304 or 77-2378, except that the amount insured or guaranteed by the Federal Deposit Insurance Corporation shall be exempt from the requirement of being secured as provided by section 77-2378 or by bonds similar to the bond required and set forth in section 77-2304. 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, § 17;  Laws 2001, LB 362, § 81;  Laws 2009, LB259, § 25.
NE Code § 77-2386 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2386 - Act, how cited.

77-2386.  Act, how cited.Sections 77-2386 to 77-23,108 shall be known and may be cited as the Public Funds Deposit Security Act.Source   Laws 1996, LB 1274, § 1;  Laws 2000, LB 932, § 38;  Laws 2019, LB622, § 1.
NE Code § 77-2388 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2388 - Authorized depositories; security; requirements.

77-2388.  Authorized depositories; security; requirements.Any bank, capital stock financial institution, or qualifying mutual financial institution subject to a requirement by law to secure the deposit of public money or public funds in excess of the amount insured or guaranteed by the Federal Deposit Insurance Corporation may give security by furnishing securities or providing a deposit guaranty bond, or any combination thereof, pursuant to the Public Funds Deposit Security Act in satisfaction of the requirement.Source   Laws 1996, LB 1274, § 3;  Laws 2001, LB 362, § 83;  Laws 2009, LB259, § 28;  Laws 2019, LB622, § 3.
NE Code § 77-2389 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2389 - Security; how furnished.

77-2389.  Security; how furnished.A bank, capital stock financial institution, or qualifying mutual financial institution furnishes securities pursuant to the Public Funds Deposit Security Act if it (1) deposits securities held by the bank, capital stock financial institution, or qualifying mutual financial institution, (2) pledges or grants a security interest in securities held by the bank, capital stock financial institution, or qualifying mutual financial institution as provided in the act, or (3) effects the assignment to the custodial official of a certificate of deposit fully insured or guaranteed by the Federal Deposit Insurance Corporation that is issued to the bank, capital stock financial institution, or qualifying mutual financial institution.Source   Laws 1996, LB 1274, § 4;  Laws 2001, LB 362, § 84;  Laws 2003, LB 175, § 15;  Laws 2009, LB259, § 29.
NE Code § 77-2390 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2390 - Deposit of trust receipt authorized.

77-2390.  Deposit of trust receipt authorized.Any bank, capital stock financial institution, or qualifying mutual financial institution pledging securities to secure deposits of public money or public funds pursuant to section 77-2389 may deposit, with the approval of the governing authority, the securities in a federal reserve bank or a bank, federal home loan bank, capital stock financial institution, qualifying mutual financial institution, or trust company approved by the governing authority, and take for the same a trust receipt in the form of and executed in the manner approved by the governing authority. When the transaction has been approved, the bank, capital stock financial institution, or qualifying mutual financial institution may deposit the trust receipt in lieu of the securities evidenced by the trust receipt.Source   Laws 1996, LB 1274, § 5;  Laws 2000, LB 932, § 40;  Laws 2001, LB 362, § 85.
NE Code § 77-2391 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2391 - Security; delivery requirements; perfection.

77-2391.  Security; delivery requirements; perfection.(1) Securities pledged or securities in which a security interest has been granted pursuant to section 77-2389 shall be delivered to and held by a federal reserve bank or by a branch of a federal reserve bank, a federal home loan bank, or another responsible bank, capital stock financial institution, or qualifying mutual financial institution, including a bank, capital stock financial institution, or qualifying mutual financial institution chartered by a foreign state agency as defined in subdivision (13) of section 8-101.03, or trust company, other than the pledgor or the bank, capital stock financial institution, or qualifying mutual financial institution granting the security interest, as designated by the governing authority, with appropriate joint custody and the pledge agreement or security interest as described in subsection (2) of this section, in a form approved by the governing authority.(2) The delivery by the bank, capital stock financial institution, or qualifying mutual financial institution designated as a depository to the custodial official of a written receipt or acknowledgment from a federal reserve bank or branch of a federal reserve bank, a federal home loan bank, or another bank, capital stock financial institution, or qualifying mutual financial institution, including a bank, capital stock financial institution, or qualifying mutual financial institution chartered by a foreign state agency as defined in subdivision (13) of section 8-101.03, or trust company, other than the bank, capital stock financial institution, or qualifying mutual financial institution granting the security interest, that includes the title of such custodial official, describes the securities identified on the books or records of the depository, and provides that the securities or the proceeds of the securities will be delivered only upon the surrender of the written receipt or the acknowledgment duly executed by the custodial official designated on the written receipt or the acknowledgment and by the authorized representative of the depository shall, together with the custodial official's actual and continued possession of the written receipt or acknowledgment, constitute a valid and perfected security interest in favor of the custodial official in and to the identified securities.(3) Articles 8 and 9, Uniform Commercial Code, shall not apply to any security interest arising under this section.Source   Laws 1996, LB 1274, § 6;   Laws 1997, LB 275, § 3;  Laws 1999, LB 550, § 44;  Laws 2000, LB 932, § 41;  Laws 2001, LB 362, § 86;  Laws 2021, LB66, § 1.   Effective Date: April 1, 2021
NE Code § 77-2392 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2392 - Substitution or exchange of securities authorized.

77-2392.  Substitution or exchange of securities authorized.A bank, capital stock financial institution, or qualifying mutual financial institution which has furnished securities pursuant to the Public Funds Deposit Security Act shall have the right at any time and without prior approval to substitute or exchange other securities of equal value in lieu of securities furnished except that such securities substituted or exchanged shall be those provided for under the act and such substitution or exchange shall not reduce the market value of the securities to an amount that is less than one hundred two percent of the total amount of public money or public funds less the portion of such public money or public funds insured or guaranteed by the Federal Deposit Insurance Corporation. Following any substitution or exchange of securities pursuant to this section by a bank, capital stock financial institution, or qualifying mutual financial institution utilizing the dedicated method as provided in subdivision (2)(a) of section 77-2398, the custodial official shall report such substitution or exchange to the governing authority.Source   Laws 1996, LB 1274, § 7;  Laws 2001, LB 362, § 87;  Laws 2019, LB622, § 4.
NE Code § 77-2393 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2393 - Withdrawal of securities; when; effect.

77-2393.  Withdrawal of securities; when; effect.A bank, capital stock financial institution, or qualifying mutual financial institution which has furnished securities pursuant to the Public Funds Deposit Security Act may withdraw all or any part of such securities upon repayment to the custodial official, director, or administrator, as applicable, of the amount of the securities thus withdrawn, and thereupon the custodial official, director, or administrator, as applicable, shall be empowered to assign such securities to the owner thereof. All interest coupons attached to securities furnished under the act shall be detached by the holder or qualified trustee thirty days before maturity and returned to such bank, capital stock financial institution, or qualifying mutual financial institution.Source   Laws 1996, LB 1274, § 8;  Laws 2001, LB 362, § 88;  Laws 2021, LB66, § 2.   Effective Date: April 1, 2021
NE Code § 77-2394 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2394 - Deposit guaranty bond; statement required.

77-2394.  Deposit guaranty bond; statement required.A bank, capital stock financial institution, or qualifying mutual financial institution provides a deposit guaranty bond pursuant to the Public Funds Deposit Security Act if it issues a deposit guaranty bond which runs to the director or custodial official, as applicable, and which is conditioned that the bank, capital stock financial institution, or qualifying mutual financial institution shall, upon written request by the director or custodial official, as applicable, at the end of each and every month, render to the director or custodial official, as applicable, a statement showing the daily balances and the amounts of public money or public funds of the governing authority held by it during the month and how credited. The public money or public funds shall be paid promptly on the order of the custodial official depositing the public money or public funds.Source   Laws 1996, LB 1274, § 9;  Laws 2001, LB 362, § 89;  Laws 2019, LB622, § 5;  Laws 2021, LB66, § 3.   Effective Date: April 1, 2021
NE Code § 77-2395 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2395 - Custodial official; duties.

77-2395.  Custodial official; duties.(1) If a bank, capital stock financial institution, or qualifying mutual financial institution designated as a depository provides a deposit guaranty bond or furnishes securities or any combination thereof, pursuant to section 77-2389, the custodial official shall not have on deposit in such depository any public money or public funds in excess of the amount insured or guaranteed by the Federal Deposit Insurance Corporation, unless and until the depository has provided a deposit guaranty bond or furnished securities, or any combination thereof, to the custodial official, and the total value of such deposit guaranty bond and the market value of such securities are in an amount not less than one hundred two percent of the amount on deposit which is in excess of the amount so insured or guaranteed.(2) If a bank, capital stock financial institution, or qualifying mutual financial institution designated as a depository provides a deposit guaranty bond or furnishes securities or any combination thereof, pursuant to subsection (1) of section 77-2398, the governmental unit shall not have on deposit in such depository any public money or public funds in excess of the amount insured or guaranteed by the Federal Deposit Insurance Corporation, unless and until the depository has provided a deposit guaranty bond or furnished securities, or any combination thereof, pursuant to the Public Funds Deposit Security Act, and the total value of such deposit guaranty bond and the aggregate market value of the pool of such securities so provided are in an amount not less than one hundred two percent of the amount on deposit which is in excess of the amount so insured or guaranteed.Source   Laws 1996, LB 1274, § 10;  Laws 2000, LB 932, § 42;  Laws 2001, LB 362, § 90;  Laws 2009, LB259, § 30;  Laws 2019, LB622, § 6;  Laws 2021, LB66, § 4.   Effective Date: April 1, 2021
NE Code § 77-2396 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2396 - Custodial official; liability.

77-2396.  Custodial official; liability.No custodial official shall be liable on his or her official bond as such custodial official for public money or public funds on deposit in a bank, capital stock financial institution, or qualifying mutual financial institution designated as a depository if the depository has furnished securities or provided a deposit guaranty bond, or any combination thereof, pursuant to the Public Funds Deposit Security Act.Source   Laws 1996, LB 1274, § 11;  Laws 2001, LB 362, § 91;  Laws 2019, LB622, § 7.
NE Code § 77-2397 (2021)
2021 Nebraska Revised Statutes|Chapter 77 - Revenue and Taxation|77-2397 - Depositories of public money or public funds; powers.

77-2397.  Depositories of public money or public funds; powers.All depositories of public money or public funds belonging to the State of Nebraska or the political subdivisions in this state shall have full authority to deposit, pledge, or grant a security interest in their assets or to provide a deposit guaranty bond, or any combination thereof, for the security and payment for all such deposits and accretions. The State of Nebraska and any political subdivision in this state and the director, administrator, or custodial official, as applicable, are given the right and authority to accept such deposit, pledge, or grant of a security interest in assets or the provision of a deposit guaranty bond, or any combination thereof.Source   Laws 1996, LB 1274, § 12;  Laws 2019, LB622, § 8;  Laws 2021, LB66, § 5.   Effective Date: April 1, 2021