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Current as of January 01, 2024 | Updated by Findlaw Staff
Funds shall be offered for deposit as they become available. The time of such deposit shall be known as an investment date. The state investment officer may make prudent interim investments. If the funds available for investment are less than the amount required for banks, capital stock financial institutions, or qualifying mutual financial institutions under section 72-1263, the state investment officer shall prorate the available funds among the desiring banks, capital stock financial institutions, or qualifying mutual financial institutions.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 72. Public Lands, Buildings, and Funds § 72-1264. Funds; when offered; time deposit open account; state investment officer; powers - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-72-public-lands-buildings-and-funds/ne-rev-st-sect-72-1264/
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