Nebraska Statutes 79-1042. School funds; embezzlement by school district treasurer
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Except as provided by section 79-1043, school district treasurers shall not lend or use any part of the school money which may be in their hands under penalty of fine and imprisonment as provided regarding embezzlement under sections 28-509 to 28-518.
Terms Used In Nebraska Statutes 79-1042
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
- School: means a school under the jurisdiction of a school board authorized by Nebraska Statutes 79-101