Nebraska § 81-1852 - Financial Fraud Victims' Reimbursement Fund; created; use; investment; reimbursement of victim; application; procedure.
Full text of Nebraska Revised Statutes of Nebraska § 81-1852 — Financial Fraud Victims' Reimbursement Fund; created; use; investment; reimbursement of victim; application; procedure., with citation guidance and answers to common questions.
§ 81-1852. Financial Fraud Victims' Reimbursement Fund; created; use; investment; reimbursement of victim; application; procedure.
(1) For purposes of this section:
(a) Financial transaction offense has the same meaning as in section 28-1601; and
(b) Victim includes both individuals and persons, including, but not limited to, financial institutions.
(2) The Financial Fraud Victims' Reimbursement Fund is created. The fund shall be administered by the Nebraska State Patrol. The fund shall consist of assets forfeited from financial transaction offenses as provided in subdivision (8)(b)(ii) of section 28-1601. 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.
(3) A victim who has suffered loss as a result of a financial transaction offense may apply for reimbursement from the fund. An application shall be submitted in a form and manner prescribed by the Nebraska State Patrol.
(4) The Nebraska State Patrol shall determine whether an applicant has suffered a qualifying loss and, if so, the extent of reimbursement that shall be made. An applicant shall only be eligible to receive reimbursement from the funds forfeited as a result of the financial transaction offense of which the applicant was a victim. If there are more applicants with qualified losses than there are funds available, the Nebraska State Patrol shall distribute the funds on a pro rata basis according to the amount of the qualifying loss suffered.
(5) Funds relating to a financial transaction offense that are transferred into the Financial Fraud Victims' Reimbursement Fund as provided in subdivision (8)(b)(ii) of section 28-1601 shall remain in the Financial Fraud Victims' Reimbursement Fund until the later of:
(a) Thirty-six months following the date of such transfer; or
(b) Resolution of any applications filed during such thirty-six month period.
(6) Upon the expiration of the period described in subsection (5) of this section, such funds shall be remitted to the State Treasurer for distribution in accordance with Article VII, section 5, of the Constitution of Nebraska.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 81-1852
What does Revised Statutes of Nebraska § 81-1852 cover?
Section 81-1852 ("Financial Fraud Victims' Reimbursement Fund; created; use; investment; reimbursement of victim; application; procedure.") 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 § 81-1852?
A common citation format is "Revised Statutes of Nebraska § 81-1852" (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 § 81-1852 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.