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Nebraska Revised Statutes Chapter 72. Public Lands, Buildings, and Funds § 72-259. School lands; sale; proceeds; disposition

Current as of January 01, 2024 | Updated by FindLaw Staff

(1) The Board of Educational Lands and Funds shall deposit the proceeds of the sales of educational lands with the State Treasurer for the benefit of the various funds as provided in this section.

(2) The proceeds of the sales of common school and saline educational lands shall be deposited with the State Treasurer for the benefit of the permanent school fund of the state.

(3) The proceeds of the sales of university educational trust lands shall be deposited with the State Treasurer for the benefit of the Permanent Endowment Fund referred to in section 85-123.

(4) The proceeds of the sales of state college educational trust lands shall be deposited with the State Treasurer for the benefit of the endowment fund referred to in section 85-317.

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Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 72. Public Lands, Buildings, and Funds § 72-259. School lands; sale; proceeds; disposition - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-72-public-lands-buildings-and-funds/ne-rev-st-sect-72-259/

Read this complete Nebraska Revised Statutes Chapter 72. Public Lands, Buildings, and Funds § 72-259. School lands; sale; proceeds; disposition on Westlaw

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