Nebraska Statutes 81-916. Property and assets relating to surplus and excess property programs; transferred to Department of Correctional Services; when
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Effective July 1, 1982, all property, assets, and liabilities relating to those federal surplus and excess property programs which are consolidated by Public Law 94-519 and operated by the Department of Transportation shall be transferred to the Department of Correctional Services.
Terms Used In Nebraska Statutes 81-916
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.