Nebraska Statutes
§ 31-510 — Borrowing money; bonds; interest; limit of indebtedness
Nebraska § 31-510
JurisdictionNebraska
Ch. 31Drainage
This text of Nebraska § 31-510 (Borrowing money; bonds; interest; limit of indebtedness) 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. § 31-510 (2026).
Text
Such district may borrow money for corporate purposes and issue bonds therefor, but it shall not become indebted in any manner or for any purpose to an amount in the aggregate in excess of one and four-tenths percent of the taxable valuation of property in the district for county purposes.
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Legislative History
Source: Laws 1891, c. 36, § 6, p. 290; R.S.1913, § 1929; C.S.1922, § 1870; C.S.1929, § 31-608; R.S.1943, § 31-510; Laws 1969, c. 51, § 93, p. 332; Laws 1979, LB 187, § 135; Laws 1992, LB 719A, § 123.
Annotations: Sanitary districts may borrow money for corporate purposes. Lang v. Sanitary District of Norfolk, 160 Neb. 754, 71 N.W.2d 608 (1955).
Nearby Sections
15
§ 31-1002
Definitions, where found§ 31-1003
Department, defined§ 31-1004
Repealed. Laws 1993, LB 626, § 8§ 31-1005
Base flood, defined§ 31-1006
Drainway, defined§ 31-1007
Flood, defined§ 31-1008
Floodway, defined§ 31-1009
Flood fringe, defined§ 31-1010
Flood plain, defined§ 31-1011
Flood plain management, defined§ 31-1013
Local government, definedCite This Page — Counsel Stack
Bluebook (online)
Nebraska § 31-510, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/31-510.