81-885.15 Fees; deposited in State Real Estate Commission's Fund; investment. - Nebraska Statutes

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Statutes > Nebraska > Chapter81 > 81-885_15

81-885.15. Fees; depositedin State Real Estate Commission's Fund; investment.Allfees collected under the Nebraska Real Estate License Act shall be depositedin the state treasury in a fund to be known as the State Real Estate Commission'sFund. The commission may use such part of the money in this fund as is necessaryto be used by it in the administration and enforcement of the act. Transfers may be made from the fund tothe General Fund at the direction of the Legislature through June 30, 2011. The State Real Estate Commission's Fund shall bepaid out only upon proper vouchers and upon warrants issued by the Directorof Administrative Services and countersigned by the State Treasurer, as providedby law. The expenses of conducting the office must always be kept within theincome collected and deposited with the State Treasurer by such commissionand such office, and the expense thereof shall not be supported or paid fromany other state fund. Any money in the State Real Estate Commission's Fundavailable for investment shall be invested by the state investment officerpursuant to the Nebraska Capital Expansion Act and the Nebraska State FundsInvestment Act. SourceLaws 1973, LB 68, § 15; Laws 1983, LB 182, § 14; Laws 2009, LB30, § 6; Laws 2009, First Spec. Sess., LB3, § 68.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.

State Codes and Statutes

Statutes > Nebraska > Chapter81 > 81-885_15

81-885.15. Fees; depositedin State Real Estate Commission's Fund; investment.Allfees collected under the Nebraska Real Estate License Act shall be depositedin the state treasury in a fund to be known as the State Real Estate Commission'sFund. The commission may use such part of the money in this fund as is necessaryto be used by it in the administration and enforcement of the act. Transfers may be made from the fund tothe General Fund at the direction of the Legislature through June 30, 2011. The State Real Estate Commission's Fund shall bepaid out only upon proper vouchers and upon warrants issued by the Directorof Administrative Services and countersigned by the State Treasurer, as providedby law. The expenses of conducting the office must always be kept within theincome collected and deposited with the State Treasurer by such commissionand such office, and the expense thereof shall not be supported or paid fromany other state fund. Any money in the State Real Estate Commission's Fundavailable for investment shall be invested by the state investment officerpursuant to the Nebraska Capital Expansion Act and the Nebraska State FundsInvestment Act. SourceLaws 1973, LB 68, § 15; Laws 1983, LB 182, § 14; Laws 2009, LB30, § 6; Laws 2009, First Spec. Sess., LB3, § 68.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.

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State Codes and Statutes

Statutes > Nebraska > Chapter81 > 81-885_15

81-885.15. Fees; depositedin State Real Estate Commission's Fund; investment.Allfees collected under the Nebraska Real Estate License Act shall be depositedin the state treasury in a fund to be known as the State Real Estate Commission'sFund. The commission may use such part of the money in this fund as is necessaryto be used by it in the administration and enforcement of the act. Transfers may be made from the fund tothe General Fund at the direction of the Legislature through June 30, 2011. The State Real Estate Commission's Fund shall bepaid out only upon proper vouchers and upon warrants issued by the Directorof Administrative Services and countersigned by the State Treasurer, as providedby law. The expenses of conducting the office must always be kept within theincome collected and deposited with the State Treasurer by such commissionand such office, and the expense thereof shall not be supported or paid fromany other state fund. Any money in the State Real Estate Commission's Fundavailable for investment shall be invested by the state investment officerpursuant to the Nebraska Capital Expansion Act and the Nebraska State FundsInvestment Act. SourceLaws 1973, LB 68, § 15; Laws 1983, LB 182, § 14; Laws 2009, LB30, § 6; Laws 2009, First Spec. Sess., LB3, § 68.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.