Nebraska § 18-2446 - Funds; how expended; report; bonds or insurance policies; required, when.
Full text of Nebraska Revised Statutes of Nebraska § 18-2446 — Funds; how expended; report; bonds or insurance policies; required, when., with citation guidance and answers to common questions.
§ 18-2446. Funds; how expended; report; bonds or insurance policies; required, when.
(1) Money of the agency shall be paid out or expended only upon the authorization or approval of the board of directors by specific agreement, by a written contract, by a resolution, or by adoption of the budget. All money of the agency shall be paid out or expended only by check, draft, warrant, or other instrument authorized by the agency.
(2) A report of the money of the agency paid out or expended shall be provided to the board of directors at the next regular meeting following such expenditure.
(3) In the event that there is no treasurer's bond that expressly insures the agency against loss resulting from the fraudulent, illegal, negligent, or otherwise wrongful or unauthorized acts or conduct by or on the part of any and every person authorized to sign checks, drafts, warrants, or other instruments authorized by the agency, there shall be bonds or insurance policies which adequately cover such risk.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 18-2446
What does Revised Statutes of Nebraska § 18-2446 cover?
Section 18-2446 ("Funds; how expended; report; bonds or insurance policies; required, when.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 18-2446?
A common citation format is "Revised Statutes of Nebraska § 18-2446" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 18-2446 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.