No custodial official shall be liable on his or her official bond as such custodial official for public money or public funds on deposit in a bank, capital stock financial institution, or qualifying mutual financial institution designated as a depository if the depository has furnished securities or provided a deposit guaranty bond, or any combination thereof, pursuant to the Public Funds Deposit Security Act.
Neb. Rev. Stat. § 77-2396
Custodial official; liability
Laws 1996, LB 1274, § 11; Laws 2001, LB 362, § 91; Laws 2019, LB622, § 7.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.