Nebraska Statutes 79-2,106. Department; gifts, devises, and bequests; accept; loans; terms and conditions
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The State Department of Education may accept, in trust, any gifts, devises, and bequests to be held and administered by the department for the purpose of making loans to worthy and needy students attending any college, university, or community college in this state. Such loans shall only be made to students whose parents are residents of Nebraska. Such loans shall be made on such terms and conditions as the State Board of Education shall prescribe or as may be imposed by the donor.
Source
- Laws 1967, c. 522, § 1, p. 1743;
- Laws 1988, LB 802, § 16;
- R.S.1943, (1994), § 79-321.01;
- Laws 1996, LB 900, § 110.
Terms Used In Nebraska Statutes 79-2,106
- Donor: The person who makes a gift.
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801