Nebraska Statutes
§ 13-2532 — Bonds; treatment
Nebraska·Ch. 13 Cities, Counties, and Other Political Subdivisions
(1)The representatives or agents of the board and a person executing the bonds shall not be liable personally on such bonds by reason of the issuance thereof.
(2)The bonds shall not be a debt of any political subdivision other than the joint public agency or of this state, and neither this state nor any other political subdivision shall be liable thereon. Bonds shall be payable only out of any funds or properties of the issuing joint public agency. Such limitations shall be plainly stated upon the face of the bonds.
Free access — add to your briefcase to read the full text and ask questions with AI
Nebraska § 13-2532 (Bonds; treatment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: Laws 1999, LB 87, § 32.
Nearby Sections
15
§ 13-1001
Plans authorized; when; contents§ 13-1002
Cooperation with other states§ 13-1003
Improvement districts§ 13-1004
Management of districts§ 13-1005
Acquisition of property§ 13-1006
Reversion of property§ 13-101
Transferred to section43-1401§ 13-102
Transferred to section43-1402§ 13-103
Transferred to section43-1403§ 13-104
Transferred to section43-1404§ 13-105
Transferred to section43-1405§ 13-106
Transferred to section43-1406§ 13-107
Transferred to section43-1407§ 13-108
Transferred to section43-1408§ 13-109
Transferred to section43-1409