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Home » US Law » 2022 Nebraska Revised Statutes » Chapter 46 - Irrigation and Regulation of Water » 46-1,117 – Bonds; issuance to procure surrender of notes and warrants; power of district; limit.

46-1,117. Bonds; issuance to procure surrender of notes and warrants; power of district; limit.

An irrigation district shall have power to issue bonds in consideration of the surrender and cancellation of its outstanding notes and warrants in an amount not exceeding by more than one thousand dollars the principal and interest of the notes and warrants surrendered.

Source

  • Laws 1925, c. 128, § 4, p. 336;
  • C.S.1929, § 46-181;
  • R.S.1943, § 46-1,117.