77-3210 Authority; members; employees; prohibited acts; violations; penalty. - Nebraska Statutes

77-3210. Authority; members; employees; prohibited acts; violations; penalty.(1) Neither the members nor any salaried employee of the authority shall receive any compensation, emolument, or other profit directly or indirectly from the rental, management, purchase, sale, or other disposition of any lands held by such authority other than the salaries, expenses, and emoluments provided for in the Land Reutilization Act.(2) Any person convicted of violating any provision of this section shall be guilty of a felony and shall, upon conviction thereof, be punished by imprisonment in a Department of Correctional Services adult correctional facility not less than two years nor more than five years. SourceLaws 1973, LB 73, § 10; Laws 1993, LB 31, § 23; Laws 2008, LB710, § 4.Effective Date: July 18, 2008