State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter77 > 77-2318_01

77-2318.01. County funds; deposit of excess, when.The county treasurer may deposit in any bank, capital stock financial institution, or qualifying mutual financial institution of the county in which he or she is treasurer in excess of the amounts authorized in section 77-2318 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 county board. 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. SourceLaws 1953, c. 284, § 2, p. 922; Laws 1988, LB 703, § 2; Laws 1989, LB 33, § 37; Laws 1996, LB 1274, § 31; Laws 2001, LB 362, § 39. Cross ReferencesPublic Funds Deposit Security Act, see section 77-2386.