Nebraska § 39-2208 Interim receipts; exchangeable for definitive bonds; mutilated, destroyed, stolen, or lost; replacement; security

Nebraska Statutes

§ 39-2208 — Interim receipts; exchangeable for definitive bonds; mutilated, destroyed, stolen, or lost; replacement; security

Nebraska·Ch. 39 Highways and Bridges

Prior to the preparation of definitive bonds, the commission may issue interim receipts or temporary bonds, with or without coupons, exchangeable for definitive bonds when such bonds shall have been executed and are available for delivery. The commission may also provide for the replacement of any bonds which shall become mutilated or shall be destroyed, stolen or lost. In so replacing any bonds, the commission shall take adequate security to protect against any loss which might be incurred as a result thereof.

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Prior to the preparation of definitive bonds, the commission may issue interim receipts or temporary bonds, with or without coupons, exchangeable for definitive bonds when such bonds shall have been executed and are available for delivery. The commission may also provide for the replacement of any bonds which shall become mutilated or shall be destroyed, stolen or lost. In so replacing any bonds, the commission shall take adequate security to protect against any loss which might be incurred as a result thereof.

Nebraska § 39-2208 (Interim receipts; exchangeable for definitive bonds; mutilated, destroyed, stolen, or lost; replacement; security) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.