Nebraska § 19-5101 - Investment of public endowment funds; manner.
Full text of Nebraska Revised Statutes of Nebraska § 19-5101 — Investment of public endowment funds; manner., with citation guidance and answers to common questions.
§ 19-5101. Investment of public endowment funds; manner.
Pursuant to Article XI, section 1, of the Constitution of Nebraska, the Legislature authorizes the investment of public endowment funds by any city having a population of more than five thousand inhabitants as determined by the most recent federal decennial census or the most recent revised certified count by the United States Bureau of the Census in the manner required of a prudent investor who shall act with care, skill, and diligence under the prevailing circumstance and in such investments as the governing body of such city, acting in a fiduciary capacity for the exclusive purpose of protecting and benefiting such investment, may determine.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 19-5101
What does Revised Statutes of Nebraska § 19-5101 cover?
Section 19-5101 ("Investment of public endowment funds; manner.") 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 § 19-5101?
A common citation format is "Revised Statutes of Nebraska § 19-5101" (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 § 19-5101 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.