Nebraska Statutes 77-2363. Public funds; actions to recover; validity of contracts
In all cases in which public money or funds belonging to the United States, an agency of the United States, the State of Nebraska, or any political subdivision in this state have been deposited or loaned to any person or persons, corporation, bank, capital stock financial institution, qualifying mutual financial institution, partnership, limited liability company, or other firm or association of persons, it shall be lawful for the officer or officers making such deposit or loan or his, her, or their successors in office to maintain an action or actions for the recovery of such money so deposited or loaned. All contracts made for the security or payment of any such money or public funds shall be held to be good and lawful contracts binding on all parties thereto.
Source
- Laws 1879, § 1, p. 156;
- R.S.1913, § 6675;
- C.S.1922, § 6212;
- C.S.1929, § 77-2601;
- Laws 1933, c. 120, § 1, p. 488;
- Laws 1935, c. 4, § 1, p. 66;
- Laws 1937, c. 169, § 1, p. 674;
- C.S.Supp.,1941, § 77-2601;
- Laws 1943, c. 19, § 5, p. 105;
- R.S.1943, § 77-2363;
- Laws 1987, LB 440, § 11;
- Laws 1988, LB 802, § 15;
- Laws 1989, LB 33, § 76;
- Laws 1990, LB 1165, § 1;
- Laws 1993, LB 121, § 498;
- Laws 1994, LB 1118, § 20;
- Laws 1996, LB 1274, § 49;
- Laws 2001, LB 362, § 70.
Terms Used In Nebraska Statutes 77-2363
- Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
- Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
- 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
- United States: shall include territories, outlying possessions, and the District of Columbia. See Nebraska Statutes 49-801