Nebraska § 46-567.06 District; levy of taxes; Class A; issuance of warrants; interest; limitation

Nebraska Statutes

§ 46-567.06 — District; levy of taxes; Class A; issuance of warrants; interest; limitation

Nebraska § 46-567.06

Ch. 46Irrigation and Regulation of Water

This text of Nebraska § 46-567.06 (District; levy of taxes; Class A; issuance of warrants; interest; limitation) 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. § 46-567.06 (2026).

Text

Whenever a district has been authorized to levy Class A taxes, the board may borrow money in anticipation of the collection of such taxes for which a levy has been made to the extent of ninety percent thereof, and may issue negotiable warrants to evidence such loans payable in not more than twelve months from the date thereof, and bearing interest at a rate not to exceed six percent per annum. Such warrants may be issued and sold in such manner as the board may determine.

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Whenever a district has been authorized to levy Class A taxes, the board may borrow money in anticipation of the collection of such taxes for which a levy has been made to the extent of ninety percent thereof, and may issue negotiable warrants to evidence such loans payable in not more than twelve months from the date thereof, and bearing interest at a rate not to exceed six percent per annum. Such warrants may be issued and sold in such manner as the board may determine.