Nebraska Statutes

§ 70-641 — Contracts; bonds; laws applicable

Nebraska § 70-641

JurisdictionNebraska

Ch. 70Power Districts and Corporations

This text of Nebraska § 70-641 (Contracts; bonds; laws applicable) 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. § 70-641 (2026).

Text

All provisions of section  52-118 , with reference to contractors' bonds, shall be applicable and effective as to any contract let pursuant to the provisions of sections  70-637  to  70-640 , except that with respect to any electric generating facility, the penal sum of any contractor's bond shall be the lesser of the contract amount or two hundred million dollars. The bond required by section  52-118  may be satisfied by a corporate surety or letter of credit, or combination thereof, approved by the district.

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All provisions of section 52-118 , with reference to contractors' bonds, shall be applicable and effective as to any contract let pursuant to the provisions of sections 70-637 to 70-640 , except that with respect to any electric generating facility, the penal sum of any contractor's bond shall be the lesser of the contract amount or two hundred million dollars. The bond required by section 52-118 may be satisfied by a corporate surety or letter of credit, or combination thereof, approved by the district.

Legislative History

Source: Laws 1933, c. 86, § 10, p. 351; C.S.Supp.,1941, § 70-710; Laws 1943, c. 146, § 4, p. 524; R.S.1943, § 70-641; Laws 2003, LB 655, § 9.

Nearby Sections

15

§ 70-1001

Declaration of policy

§ 70-1001.01

§ 70-1002

Suppliers of electricity; agreements; specify service areas; submission to board; purpose of section

§ 70-1002.01

Suppliers of electricity; agreements; wholesale electric energy; submission to board; considerations; investigation; approval; effect

§ 70-1002.02

Suppliers of electricity; sale in violation of approved agreement; prohibited; commercial electric vehicle charging station operator; powers and duties

§ 70-1002.03

New transmission facilities or interconnection; agreement by affected parties; disputes submitted to board; insure prudent utility practice; rate determination; effect

§ 70-1002.04

Municipalities; joint operation of electric systems; register with board; reports; action subject to review or approval

§ 70-1003

Nebraska Power Review Board; establishment; composition; appointment; term; vacancy; qualifications; compensation; expenses; jurisdiction; officers; executive director; staff; reports

§ 70-1004

Suppliers of electricity; filing of maps and service area statements; exception

§ 70-1005

Suppliers of electricity; service area; application to establish; notice of hearing; exception

§ 70-1006

Hearings; continuance; rules of procedure

§ 70-1007

Establishment of service areas; board; orders; policy considerations

§ 70-1008

Certified service areas; established; municipalities; newly annexed areas; acquisition of facilities and customers; procedure; waiver of right to acquire; joint planning

§ 70-1009

Certified service areas; modification; application; transfer of facilities and customers; considerations; impairment of rights prohibited

§ 70-101

Districts and corporations; furnish information; enforcement

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Bluebook (online)

Nebraska § 70-641, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/70-641.