Nebraska Statutes 37-332. Acquisition of real estate by commission; bordering on lakes or artificial reservoirs; purpose
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The commission is authorized and empowered to acquire by gift, devise, or purchase real estate bordering on the shore of any lake or artificial reservoir constructed for the storage of water, for the purpose of developing public recreation areas and promoting the conservation of natural resources.
Source
- Laws 1947, c. 141, § 1, p. 386;
- R.S.1943, (1993), § 37-424;
- Laws 1998, LB 922, § 90.
Terms Used In Nebraska Statutes 37-332
- Acquire: when used in connection with a grant of power or property right to any person shall include the purchase, grant, gift, devise, bequest, and obtaining by eminent domain. See Nebraska Statutes 49-801
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.