2013 Nebraska Revised Statutes
Chapter 3 - AERONAUTICS
3-126 - Department of Aeronautics Cash Fund; created; use; investment.


NE Code § 3-126 (2013) What's This?

3-126. Department of Aeronautics Cash Fund; created; use; investment.

The Department of Aeronautics Cash Fund is created. All money received by the department pursuant to the State Aeronautics Department Act shall be remitted to the State Treasurer for credit to the fund. The department is authorized, whether acting for this state, as the agent of any of its municipalities, or as the agent of any person owning a privately owned public use airport, or when requested by the United States Government or any agency or department thereof, to disburse such money. Transfers may be made from the fund to the General Fund at the direction of the Legislature through June 30, 2011. Any money in the Department of Aeronautics Cash 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 1945, c. 5, § 7(4), p. 88;
    Laws 1965, c. 17, § 1, p. 150;
    Laws 1969, c. 584, § 32, p. 2360;
    Laws 1978, LB 637, § 1;
    Laws 1995, LB 7, § 25;
    Laws 1995, LB 609, § 9;
    Laws 2009, First Spec. Sess., LB3, § 7.


Cross References

    Nebraska Capital Expansion Act, see section 72-1269.
    Nebraska State Funds Investment Act, see section 72-1260.


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