77-2357 Public power and irrigation district funds; depositories; power to enter into agreement.
77-2357. Public power and irrigation district funds; depositories; power to enter into agreement.Every depository is authorized to secure deposits by giving bond or giving security, as provided in sections 77-2353 to 77-2361, and otherwise to enter into and become a party to any contract or arrangement, not inconsistent with the provisions hereof, as may be reasonably necessary or proper to render fully effective the provisions of such sections. 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. SourceLaws 1941, c. 160, § 2, p. 642; C.S.Supp.,1941, § 77-2538; R.S.1943, § 77-2357; Laws 1989, LB 33, § 70; Laws 1996, LB 1274, § 46; Laws 2001, LB 362, § 66.