§ 41-5793 – Effect of changing circumstances on bonds; agreement of state
41-5793. Effect of changing circumstances on bonds; agreement of state A. Bonds issued under this article remain valid and binding obligations of the board notwithstanding that before the delivery of the bonds any of the persons whose signatures appear on the bonds cease to be members of the board. B. An amendment of any provision […]
§ 41-5762 – Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments
41-5762. Characteristics of bonds; negotiable; exemption from taxation; obligation; legal investments A. Bonds issued under this article are fully negotiable within the meaning and for all purposes of the uniform commercial code, subject only to any provisions for registration, regardless of whether the bonds actually constitute negotiable instruments under the uniform commercial code. B. The […]
§ 41-5794 – Validity of bonds; certification by attorney general
41-5794. Validity of bonds; certification by attorney general A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may be […]
§ 41-5763 – Effect of changing circumstances on bonds; agreement of state
41-5763. Effect of changing circumstances on bonds; agreement of state A. Bonds issued under this article remain valid and binding obligations of the board notwithstanding that, before the delivery of the bonds, any of the persons whose signatures appear on the bonds cease to be members of the board. B. An amendment of any provision […]
§ 41-5801 – Definition
41-5801. Definition For the purposes of this article, " impact and revenues" means the revenues received by the school district pursuant to 20 United States Code sections 7701 through 7714.
§ 41-5764 – Validity of bonds; certification by attorney general
41-5764. Validity of bonds; certification by attorney general A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may be […]
§ 41-5781 – Authorization of state school improvement revenue bonds; expiration
41-5781. Authorization of state school improvement revenue bonds; expiration A. The board may issue revenue bonds in a principal amount not to exceed $800, 000, 000 pursuant to this article. The board may also issue qualified zone academy bonds within the meaning of section 1397e of the United States internal revenue code of 1986 or […]
§ 41-5782 – Issuance and sale of school improvement revenue bonds
41-5782. Issuance and sale of school improvement revenue bonds A. The board shall issue the school improvement revenue bonds in the number and amount provided in the resolution. B. The bonds shall be sold at public or private sale at the price and on the terms prescribed in the resolution at, above or below par. […]
§ 41-5783 – School improvement revenue bond proceeds fund; use for school improvements
41-5783. School improvement revenue bond proceeds fund; use for school improvements A. If the board issues revenue bonds under this article, the board shall establish a school improvement revenue bond proceeds fund consisting of the net proceeds received from the sale of the bonds. B. The board may use monies in the school improvement revenue […]
§ 41-5784 – School improvement revenue bond debt service fund
41-5784. School improvement revenue bond debt service fund A. The board shall establish a school improvement revenue bond debt service fund consisting of monies received by the board pursuant to section 42-5029, subsection E and section 37-521, subsection B, paragraph 1. All monies received pursuant to section 42-5029, subsection E shall be accounted for separately […]