Nebraska § 10-805 Election; proposition; contents; sinking fund; creation; use

Nebraska Statutes

§ 10-805 — Election; proposition; contents; sinking fund; creation; use

Nebraska § 10-805

Ch. 10Bonds

This text of Nebraska § 10-805 (Election; proposition; contents; sinking fund; creation; use) 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. § 10-805 (2026).

Text

The proposition, when submitted to the electors, shall provide for a sinking fund, to which shall be credited the proceeds of loans sold by or repaid to the county; and such fund, when available, shall be used to pay the interest on said bonds and the principal thereof at maturity;  Provided, however,  any part of the sinking fund may be reloaned for the purposes specified in sections  10-801  to  10-807 , when authorized by the county board.

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The proposition, when submitted to the electors, shall provide for a sinking fund, to which shall be credited the proceeds of loans sold by or repaid to the county; and such fund, when available, shall be used to pay the interest on said bonds and the principal thereof at maturity; Provided, however, any part of the sinking fund may be reloaned for the purposes specified in sections 10-801 to 10-807 , when authorized by the county board.