Any political subdivision or nonprofit corporation may annually apply to the commission for state assistance under sections 81-2509 to 81-2515. The state assistance shall be used by the applicant for economic development, education, health care, and law enforcement needs in such political subdivision when the applicant is a political subdivision and in the political subdivision where the nonprofit corporation is located when the applicant is a nonprofit corporation.

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Terms Used In Nebraska Statutes 81-2510

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.