Nebraska § 81-1635 - Nebraska Energy Settlement Fund; established; source of funds; investment.
Full text of Nebraska Revised Statutes of Nebraska § 81-1635 — Nebraska Energy Settlement Fund; established; source of funds; investment., with citation guidance and answers to common questions.
§ 81-1635. Nebraska Energy Settlement Fund; established; source of funds; investment.
There is hereby established in the state treasury a fund, to be known as the Nebraska Energy Settlement Fund and referred to in sections 81-1635 to 81-1641 as the fund, to be administered by the Department of Water, Energy, and Environment as the representative of the Governor. The fund shall consist of (1) money received by the State of Nebraska after February 15, 1986, from awards or allocations to the State of Nebraska on behalf of consumers of petroleum products as a result of judgments or settlements for overcharges to consumers of petroleum products sold during the period of time in which federal price controls on such products were in effect and (2) any investment interest earned on the fund. The Department of Administrative Services may for accounting purposes create subfunds of the fund to segregate awards or allocations received pursuant to different orders or settlements. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act. No money shall be transferred or disbursed from the fund except pursuant to sections 81-1635 to 81-1641.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 81-1635
What does Revised Statutes of Nebraska § 81-1635 cover?
Section 81-1635 ("Nebraska Energy Settlement Fund; established; source of funds; investment.") 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 § 81-1635?
A common citation format is "Revised Statutes of Nebraska § 81-1635" (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 § 81-1635 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.