Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
(1) The Nebraska Investment Council shall conduct an audit of all state-managed funds and produce a report, which shall be electronically submitted using a secure method to the Committee on Pacific Conflict created under section 81-836 and the Governor within one hundred eighty days after April 17, 2024.
(2) The report shall:
(a) Summarize the investments at risk of substantially losing value or being frozen, seized, or appropriated by foreign adversaries in the event of a Pacific conflict;
(b) Summarize the investments in any arms industry of a foreign adversary;
(c) Summarize the investments in state-owned enterprises of a foreign adversary;
(d) Summarize the investments in companies domiciled within a foreign adversary or owned by a company domiciled within a foreign adversary; and
(e) Recommend strategies for the immediate and complete divestment of the assets described in subdivisions (a) through (d) of this subsection.
(3) Information contained in the report required under this section is confidential. Unauthorized public disclosure of such confidential information is a Class III misdemeanor.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 81. State Administrative Departments § 81-835. State-managed funds; audit; report; confidential; unauthorized public disclosure, penalty - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-81-state-administrative-departments/ne-rev-st-sect-81-835/
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.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)