Nebraska § 77-2349 - Metropolitan utilities district funds; custodian of securities; withdrawal of funds.
Full text of Nebraska Revised Statutes of Nebraska § 77-2349 — Metropolitan utilities district funds; custodian of securities; withdrawal of funds., with citation guidance and answers to common questions.
§ 77-2349. Metropolitan utilities district funds; custodian of securities; withdrawal of funds.
A metropolitan utilities district shall be the custodian of securities in which funds of such district are invested, including the securities of such district itself. Except for funds deposited in a depository in strict accordance with all the requirements of sections 77-2342 to 77-2349, the district shall be liable for the accounting, safekeeping, and repayment of all funds received by the district. Any such district may at any time withdraw any funds on deposit in a depository or any funds in the district's possession and custody and invest such funds in such securities as may be designated by formal resolution of the governing body of such district.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 77-2349
What does Revised Statutes of Nebraska § 77-2349 cover?
Section 77-2349 ("Metropolitan utilities district funds; custodian of securities; withdrawal of funds.") 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 § 77-2349?
A common citation format is "Revised Statutes of Nebraska § 77-2349" (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 § 77-2349 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.