Nebraska § 79-422 Change in boundary lines; bonded indebtedness; treatment

Nebraska Statutes

§ 79-422 — Change in boundary lines; bonded indebtedness; treatment

Nebraska·Ch. 79 Schools

Bonded indebtedness approved by legal voters prior to any change in school district boundary lines pursuant to sections  79-413  to  79-421  shall remain the obligation of the school district voting such bonds unless otherwise specified in the petitions. When a district is dissolved by petitions and the area is attached to two or more districts, the petitions shall specify the disposition of assets and unbonded obligations of the original district.

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Bonded indebtedness approved by legal voters prior to any change in school district boundary lines pursuant to sections 79-413 to 79-421 shall remain the obligation of the school district voting such bonds unless otherwise specified in the petitions. When a district is dissolved by petitions and the area is attached to two or more districts, the petitions shall specify the disposition of assets and unbonded obligations of the original district.

Nebraska § 79-422 (Change in boundary lines; bonded indebtedness; treatment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1971, LB 468, § 10; Laws 1990, LB 259, § 11; Laws 1993, LB 348, § 13; R.S.1943, (1994), § 79-402.11; Laws 1996, LB 900, § 171; Laws 2005, LB 126, § 22; Referendum 2006, No. 422; Laws 2021, LB528, § 24.