In lieu of a bond as provided in sections 77-2373 to 77-2377 , any bank, capital stock financial institution, or qualifying mutual financial institution making application to become a depository under sections 77-2369 to 77-2385 may give security as provided in the Public Funds Deposit Security Act to the secretary-treasurer. Section 77-2366 shall apply to deposits in capital stock financial institutions. Section 77-2365.01 shall apply to deposits in qualifying mutual financial institutions.
Neb. Rev. Stat. § 77-2378
Local hospital district; security in lieu of bond authorized
Laws 1994, LB 1118, § 10; Laws 1996, LB 1274, § 55; Laws 2001, LB 362, § 78.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.