Nebraska § 58-226 - Nebraska Investment Finance Authority; created; members; qualifications.
Full text of Nebraska Revised Statutes of Nebraska § 58-226 — Nebraska Investment Finance Authority; created; members; qualifications., with citation guidance and answers to common questions.
§ 58-226. Nebraska Investment Finance Authority; created; members; qualifications.
(1) There is hereby created a body politic and corporate, not a state agency, but an independent instrumentality exercising essential public functions, to be known as the Nebraska Investment Finance Authority. The authority shall have the powers and duties set forth in the Nebraska Investment Finance Authority Act.
(2) The authority shall be composed of nine members as follows:
(a) The Director of Agriculture, the Director of Economic Development, and the chairperson of the Nebraska Investment Council who shall be ex officio members; and
(b) Six public members who shall be appointed by the Governor as follows:
(i) One member shall be experienced in real estate development;
(ii) One member shall be experienced in industrial mortgage credit, commercial credit, agricultural credit, or housing mortgage credit;
(iii) One member shall be experienced in banking or investment banking;
(iv) One member shall be experienced in home building or shall be a licensed real estate broker;
(v) One member shall be experienced in agricultural production; and
(vi) One member shall be appointed at large.
(3) All members shall be residents of the state. Of the public members, two members shall be appointed from each congressional district. Of the six public members, not more than three shall belong to the same political party. The three ex officio members may each designate a representative to perform their respective duties under the act. It shall not constitute a conflict of interest for members of the authority to serve on any other public board or commission.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 58-226
What does Revised Statutes of Nebraska § 58-226 cover?
Section 58-226 ("Nebraska Investment Finance Authority; created; members; qualifications.") 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 § 58-226?
A common citation format is "Revised Statutes of Nebraska § 58-226" (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 § 58-226 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.