Nebraska § 85-410 Campus buildings and facilities; revenue bonds; issuance; public purpose; exempt from taxation

Nebraska Statutes

§ 85-410 — Campus buildings and facilities; revenue bonds; issuance; public purpose; exempt from taxation

Nebraska § 85-410

Ch. 85State University, State Colleges, and Postsecondary Education

This text of Nebraska § 85-410 (Campus buildings and facilities; revenue bonds; issuance; public purpose; exempt from taxation) 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. § 85-410 (2026).

Text

In exercising the powers granted it under sections  85-401  to  85-411 , and in issuing revenue bonds as provided in sections  85-403  to  85-411 , the board exercising such powers or issuing the bonds shall constitute and be and is hereby created as a public corporation organized for educational purposes and is declared to be a governmental subdivision and instrumentality of the State of Nebraska, and all bonds issued under the authority of sections  85-403  to  85-411 , together with interest thereon, shall be wholly exempt from taxation.

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In exercising the powers granted it under sections 85-401 to 85-411 , and in issuing revenue bonds as provided in sections 85-403 to 85-411 , the board exercising such powers or issuing the bonds shall constitute and be and is hereby created as a public corporation organized for educational purposes and is declared to be a governmental subdivision and instrumentality of the State of Nebraska, and all bonds issued under the authority of sections 85-403 to 85-411 , together with interest thereon, shall be wholly exempt from taxation.