Nebraska § 70-509 Sale, lease, or transfer; evidence of valuation

Nebraska Statutes

§ 70-509 — Sale, lease, or transfer; evidence of valuation

Nebraska § 70-509

Ch. 70Power Districts and Corporations

This text of Nebraska § 70-509 (Sale, lease, or transfer; evidence of valuation) 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. § 70-509 (2026).

Text

Any instrument, statement and report, or certificate filed with the Nebraska Power Review Board, as provided for in Chapter 70, article 5, or certified copies thereof, shall be competent evidence in any hearing or proceeding involving the valuation of the electric light and power plant, distribution system, or transmission lines covered by the statement and report and certificate, for ratemaking purposes, taxation, or in any other matter in which the facts and statements in such instrument, statement and report, or certificate, may be involved or drawn in question, and the purchaser thereof and his, her, or its successor or assigns, shall be forever estopped to deny the facts set forth in such instrument, statement and report, or certificate.

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Any instrument, statement and report, or certificate filed with the Nebraska Power Review Board, as provided for in Chapter 70, article 5, or certified copies thereof, shall be competent evidence in any hearing or proceeding involving the valuation of the electric light and power plant, distribution system, or transmission lines covered by the statement and report and certificate, for ratemaking purposes, taxation, or in any other matter in which the facts and statements in such instrument, statement and report, or certificate, may be involved or drawn in question, and the purchaser thereof and his, her, or its successor or assigns, shall be forever estopped to deny the facts set forth in such instrument, statement and report, or certificate.