Nebraska Statutes > Long-Term Care Savings Plan Act


§ 77-6101	Act, how cited
§ 77-6102	Terms, defined
§ 77-6103	Nebraska long-term care savings plan; created; State Treasurer; powers and duties; participation agreement
§ 77-6104	Nebraska long-term care savings plan trust; created; State Treasurer; state investment officer; duties
§ 77-6105	Qualified individual; withdrawals authorized
§ 77-6106	Long-Term Care Savings Plan Act; termination; participant; entitled to account balance

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Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Contract: A legal written agreement that becomes binding when signed.
Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
Fiduciary: A trustee, executor, or administrator.
Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
Trustee: A person or institution holding and administering property in trust.
Year: shall mean calendar year. See Nebraska Statutes 49-801