Neb. Rev. Stat. §§ 81-1,111

Current through 2024 Legislative Session

Section 81-1,111 - [Operative 7/1/2025] Terms, defined

For purposes of the State Acceptance of Gifts Act:

(1) Donor means

(a) an individual, trustee, personal representative, or other legal representative of an individual or an organization,

(b) any organization, corporation, foundation, or other entity, and

(c) a nonfederal governmental agency;

(2) Gift means a voluntary transfer by any means, including a grant, bequest, or devise, of real property or tangible or intangible personal property, including money, by a donor to a state agency without full compensation;

(3) Real property means any estate or interest in land, including all buildings, fixtures, and improvements thereon and all rights-of-way, easements, rents, issues, profits, income, tenements, hereditaments, privileges, and appurtenances thereunto belonging, used, or enjoyed with such land, or any part thereof, except leases for a term not exceeding one year; and

(4) State agency means any agency, board, or commission of this state, excluding (a) the University of Nebraska, (b) the Nebraska state colleges, and (c) any agency, board, or commission of this state with statutory authority to accept gifts, to the extent of the authority granted.

Neb. Rev. Stat. §§ 81-1,111

Laws 2024, LB 998, § 3.

Added by Laws 2024, LB 998,§ 3, eff. 7/1/2025.