Nebraska § 60-550.01 - Cash deposits with State Treasurer; judgment creditor; payment.
Full text of Nebraska Revised Statutes of Nebraska § 60-550.01 — Cash deposits with State Treasurer; judgment creditor; payment., with citation guidance and answers to common questions.
§ 60-550.01. Cash deposits with State Treasurer; judgment creditor; payment.
Upon receipt by the department of a certified copy of a final judgment secured against a depositor, such judgment having been granted for damages arising out of the accident which caused the depositing of security under the Motor Vehicle Safety Responsibility Act, the department shall, by voucher addressed to the Director of Administrative Services, cause the payment of the deposited security to the judgment creditor in accordance with the terms of the judgment and, if it appears there is no further liability to any persons arising out of such accident, the department shall, upon its voucher to the Director of Administrative Services, cause the balance remaining, if any, to be returned to the depositor or his or her personal representative.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 60-550.01
What does Revised Statutes of Nebraska § 60-550.01 cover?
Section 60-550.01 ("Cash deposits with State Treasurer; judgment creditor; payment.") 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 § 60-550.01?
A common citation format is "Revised Statutes of Nebraska § 60-550.01" (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 § 60-550.01 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.