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Code · Nebraska · Chapter 77 — Revenue and Taxation

77-2350.01. School district or township funds; prorate deposits; when.

90 words·~1 min read·/ne/chapter-77/77-2350-01

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When more than one bank, capital stock financial institution, or qualifying mutual financial institution has been designated by the governing body of the school district or township as a depository, the treasurer or ex officio treasurer shall not give a preference but shall prorate deposits in the manner required of county treasurers as provided in section 77-2314 . This section shall have no application to certificates of deposit. 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.
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