This bill amends section 2-3224 of the Reissue Revised Statutes of Nebraska to allow natural resources districts to disburse funds through electronic payment systems, in addition to traditional methods such as checks and drafts. The new legal language specifies that funds can be paid out only with the authorization of the board of directors and can now include electronic funds transfers and automated clearinghouse transfers as valid methods of payment.

Additionally, the bill outlines that any authorization for another individual to sign on behalf of the treasurer must be documented in writing and filed with the district's secretary. It also requires that if the treasurer's bond does not cover losses from unauthorized actions by those authorized to sign, a corporate surety bond must be procured for protection against such losses. The original section 2-3224 is repealed as part of this legislative update.

Statutes affected:
Introduced: 2-3224
Final Reading: 2-3224
Slip Law: 2-3224