A governmental subdivision shall have the power and authority to invest and reinvest all idle funds in the hospital sinking fund, including but not limited to current tax receipts for such period of time as such funds are not immediately needed, in evidences of indebtedness of the United States Government and agencies thereof.

Source

  • Laws 1961, c. 38, § 5, p. 166.

Terms Used In Nebraska Statutes 15-235.04

  • Governmental subdivision: shall mean any city of the primary class and also any county in which a city of the primary class is the county seat thereof. See Nebraska Statutes 15-235.01
  • Hospital: shall mean any hospital organized pursuant to section 15-231, or any hospital or hospital facility established by a governmental subdivision in conjunction with or adjoining a hospital organized pursuant to section 15-231. See Nebraska Statutes 15-235.01
  • United States: shall include territories, outlying possessions, and the District of Columbia. See Nebraska Statutes 49-801
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