Nebraska § 85-122 - University funds; designation; investment; disbursements; travel expenses.
Full text of Nebraska Revised Statutes of Nebraska § 85-122 — University funds; designation; investment; disbursements; travel expenses., with citation guidance and answers to common questions.
§ 85-122. University funds; designation; investment; disbursements; travel expenses.
The several funds for the support of the university shall be constituted and designated as follows: (1) The Permanent Endowment Fund; (2) the Temporary University Fund; (3) the University Cash Fund; (4) the United States Morrill Fund; (5) the United States Experiment Station Fund; (6) the University Trust Fund; (7) the United States Agricultural Extension Fund; (8) the Veterinary School Fund; (9) the University of Nebraska at Omaha Cash Fund; (10) the University of Nebraska at Omaha Trust Fund; (11) the University of Nebraska at Kearney Cash Fund; (12) the University of Nebraska at Kearney Trust Fund; (13) the Agricultural Field Laboratory Fund; (14) the Animal Research and Diagnosis Revolving Fund; (15) the University Facility Improvement Fund; (16) the University of Nebraska Eppley Science Hall Construction Fund; and (17) the University Facilities Fund. No portion of the funds designated above derived from taxation shall be disbursed for mileage or other traveling expenses except as authorized by sections 81-1174 to 81-1177. No expenditures shall be made for or on behalf of the School of Veterinary Medicine and Surgery except from money appropriated to the Veterinary School Fund. Any money in the funds designated in this section 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 except as provided in sections 85-123.01, 85-125, 85-192, and 85-1,123.
Income from government grants may be disbursed by Board of Regents without specific biennial appropriations. State ex rel. Ledwith v. Brian, 84 Neb. 30, 120 N.W. 916 (1909).
After custody of funds was given to State Treasurer, specific appropriation of funds became necessary to authorize disbursement by Board of Regents. State ex rel. Bessey v. Babcock, 17 Neb. 610, 24 N.W. 202 (1885).
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 85-122
What does Revised Statutes of Nebraska § 85-122 cover?
Section 85-122 ("University funds; designation; investment; disbursements; travel expenses.") 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 § 85-122?
A common citation format is "Revised Statutes of Nebraska § 85-122" (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 § 85-122 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.