Nebraska Statutes

§ 18-2466 — Bonds; liability; limitations

Nebraska § 18-2466
JurisdictionNebraska
Ch. 18Cities and Villages; Laws Applicable to All

This text of Nebraska § 18-2466 (Bonds; liability; limitations) 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. § 18-2466 (2026).

Text

(1)Neither the members of an agency's board nor any person executing the bonds shall be liable personally on such bonds by reason of the issuance thereof.
(2)The bonds shall not be a debt of any municipality or of this state and neither this state nor any municipality shall be liable thereon. Bonds shall be payable only out of any funds or properties of the issuing agency. Such limitations shall be plainly stated upon the face of the bonds.

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Legislative History

Source: Laws 1981, LB 132, § 66.

Nearby Sections

15
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Bluebook (online)
Nebraska § 18-2466, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/18-2466.