Nebraska § 39-862 Interstate county bridges; revenue bonds; registration; sale; proceeds; deposit; disbursement

Nebraska Statutes

§ 39-862 — Interstate county bridges; revenue bonds; registration; sale; proceeds; deposit; disbursement

Nebraska § 39-862

Ch. 39Highways and Bridges

This text of Nebraska § 39-862 (Interstate county bridges; revenue bonds; registration; sale; proceeds; deposit; disbursement) 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. § 39-862 (2026).

Text

The governing body of the county may provide for the registration of such bonds in the name of the owner as to the principal alone or as to both principal and interest. Such bonds must be sold in such a manner as the governing body of the county may determine to be for the best interests of the county, taking into consideration the financial responsibility of the purchaser and the terms and conditions of the purchase, and the availability of the proceeds of the bonds when required for payment of the costs. The proceeds of such bonds shall be deposited with such depositories as the governing body of the county shall approve, shall be secured in such manner and to such extent as the governing body of the county shall require, and shall be used solely for the payment of the costs of the bridg

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The governing body of the county may provide for the registration of such bonds in the name of the owner as to the principal alone or as to both principal and interest. Such bonds must be sold in such a manner as the governing body of the county may determine to be for the best interests of the county, taking into consideration the financial responsibility of the purchaser and the terms and conditions of the purchase, and the availability of the proceeds of the bonds when required for payment of the costs. The proceeds of such bonds shall be deposited with such depositories as the governing body of the county shall approve, shall be secured in such manner and to such extent as the governing body of the county shall require, and shall be used solely for the payment of the costs of the bridge and costs incident thereto.