Nebraska Statutes

§ 71-1576 — Authority established under prior law; existence and actions; how treated

Nebraska·Ch. 71 Public Health and Welfare
Any local housing authority established under any prior Nebraska law relating to housing authorities and in existence on January 1, 2000, shall have continued existence as a housing agency under the Nebraska Housing Agency Act and shall thereafter conduct its operations consistent with the act. All property, rights in land, buildings, records, and equipment and any funds, money, revenue, receipts, or assets of an authority shall belong to the agency as successor. All obligations, debts, commitments, and liabilities of an authority shall become obligations, debts, commitments, and liabilities of the successor agency. Any resolution by an authority and any action taken by the authority prior to January 1, 2000, with regard to any project or program which is to be completed within or to be co

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Legislative History

Source: Laws 1999, LB 105, § 5.

Nearby Sections

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