85-302. Board of trustees; officers; body corporate; audit.

The members of the Board of Trustees of the Nebraska State Colleges shall annually elect a president and vice president from among their own number. The board shall constitute a body corporate to be known as the Board of Trustees of the Nebraska State Colleges, and as such may sue and be sued, and may make and use a common seal and alter the same at its pleasure. The board shall also select a secretary who shall keep an exact and detailed account of the activities of the board. The State Treasurer shall be treasurer of the board by virtue of the office. A complete and comprehensive annual audit shall be made of the books, accounts, funds, records, and affairs of the board and each of the state colleges.

Source:Laws 1881, c. 78, sub. XIII, § 2, p. 373; R.S.1913, § 7058; C.S.1922, § 6693; C.S.1929, § 85-302; Laws 1943, c. 229, § 1, p. 776; R.S.1943, § 85-302; Laws 1969, c. 852, § 3, p. 3200; Laws 1969, c. 845, § 2, p. 3184; Laws 1973, LB 130, § 1; Laws 2005, LB 426, § 21; Laws 2022, LB887, § 2.