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Current as of January 01, 2024 | Updated by Findlaw Staff
There is hereby created in the state treasury a special fund to be known as the Oil and Gas Conservation Trust Fund. All sums of money received by the Nebraska Oil and Gas Conservation Commission, in a manner other than as provided in sections 57-901 to 57-921, shall be paid into the state treasury and the State Treasurer shall deposit the money in the Oil and Gas Conservation Trust Fund. The State Treasurer shall disburse the money in the trust fund as directed by resolution of the Nebraska Oil and Gas Conservation Commission. All disbursements for the fund shall be made upon warrants drawn by the Director of Administrative Services. Any money in the 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.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 57. Minerals, Oil, and Gas § 57-922. Oil and Gas Conservation Trust Fund; receipts; disbursements; investment - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-57-minerals-oil-and-gas/ne-rev-st-sect-57-922/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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