Nebraska § 10-1204 Credit facility; authorized; approval;
terms and conditions

Nebraska Statutes

§ 10-1204 — Credit facility; authorized; approval; terms and conditions

Nebraska § 10-1204

Ch. 10Bonds

This text of Nebraska § 10-1204 (Credit facility; authorized; approval; terms and conditions) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 10-1204 (2026).

Text

Any
governmental unit in the State of Nebraska may obtain credit support for its
bonds by entering into or obtaining a credit facility for any of its bonds
from any United States governmental enterprise or from any bank providing
a credit facility which is confirmed or otherwise supported by a credit facility
provided by a United States governmental enterprise. Any credit facility shall
be approved by a measure adopted before or after issuance of any bonds. Each
credit facility shall have such terms and conditions as shall be approved
by a measure adopted by the governmental unit before or after the issuance
of bonds.

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Any
governmental unit in the State of Nebraska may obtain credit support for its
bonds by entering into or obtaining a credit facility for any of its bonds
from any United States governmental enterprise or from any bank providing
a credit facility which is confirmed or otherwise supported by a credit facility
provided by a United States governmental enterprise. Any credit facility shall
be approved by a measure adopted before or after issuance of any bonds. Each
credit facility shall have such terms and conditions as shall be approved
by a measure adopted by the governmental unit before or after the issuance
of bonds.