There is a newer version
of
this Statute
2020 Nebraska Revised Statutes
Chapter 85 - State University, State Colleges, and Postsecondary Education
85-123.01 University Trust Fund, defined; management and investment.
Universal Citation: NE Code § 85-123.01 (2020)
85-123.01. University Trust Fund, defined; management and investment.
(1) The University Trust Fund shall consist of all property, real or personal, acquired by the Board of Regents of the University of Nebraska by donation or bequest to it, including money derived as principal from the sale of land or other property so acquired or derived.
(2) The University Trust Fund shall be held, managed, and invested in such manner as directed by the Board of Regents of the University of Nebraska. No money in the fund shall be held, managed, or invested by the State Treasurer or the state investment officer pursuant to the Nebraska Capital Expansion Act or the Nebraska State Funds Investment Act.
Source
- Laws 1945, c. 257, § 3, p. 798;
- Laws 1959, c. 263, § 22, p. 950;
- Laws 1967, c. 622, § 1, p. 2085;
- Laws 1969, c. 584, § 123, p. 2425;
- Laws 2018, LB1005, § 51.
Cross References
- Nebraska Capital Expansion Act, see section 72-1269.
- Nebraska State Funds Investment Act, see section 72-1260.
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
