Nebraska § 14-1220 Revenue bonds; sale; terms

Nebraska Statutes

§ 14-1220 — Revenue bonds; sale; terms

Nebraska § 14-1220

Ch. 14Cities of the Metropolitan Class

This text of Nebraska § 14-1220 (Revenue bonds; sale; terms) 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. § 14-1220 (2026).

Text

Revenue bonds issued pursuant to section  14-1217  by a city of the metropolitan class may be sold in such manner as the city council may determine to be for the best interests of the city, taking into consideration the financial responsibility of the purchaser, the terms and conditions of the purchase, and the availability of the proceeds of the bonds when required for payment of the costs. Any such sale shall be at not less than ninety-two cents on the dollar and accrued interest.

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Revenue bonds issued pursuant to section 14-1217 by a city of the metropolitan class may be sold in such manner as the city council may determine to be for the best interests of the city, taking into consideration the financial responsibility of the purchaser, the terms and conditions of the purchase, and the availability of the proceeds of the bonds when required for payment of the costs. Any such sale shall be at not less than ninety-two cents on the dollar and accrued interest.

Legislative History

Source: Laws 1929, c. 176, § 10, p. 620; C.S.1929, § 14-1210; Laws 1931, c. 27, § 2, p. 109; C.S.Supp.,1941, § 14-1210; R.S.1943, § 14-1220; Laws 1969, c. 51, § 23, p. 287; Laws 2022, LB800, § 253.