For purposes of investment under the Nebraska Capital Expansion Act, the state investment officer shall combine and pool all investable funds of all state agencies subject to his or her investment powers except when doing so would violate a fiduciary obligation of the state. The interest earned on any pooled investment shall be prorated in accordance with the participation of the respective funds.
Neb. Rev. Stat. § 72-1267
State investment officer; combine and pool investable funds; when; prorate interest
Laws 1978, LB 258, § 7; Laws 1985, LB 614, § 3.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.