10-1104 – Perfection.
10-1104. Perfection. Any security interest created by a governmental unit pursuant to an authorizing statute is perfected by the adoption of the measure or measures from the date on which the measure takes effect without the need for any physical delivery, filing, or recording in any office. Source Laws 2000, LB 929, § 20.
10-1105 – Priority.
10-1105. Priority. The priority of any security interest created by a governmental unit shall be governed by the contractual terms set forth in the measure or measures, including the terms of any indenture or any other agreement approved by the measure or measures, adopted by the governmental unit. No security interest having priority over an […]
10-1106 – Enforcement; determination of default.
10-1106. Enforcement; determination of default. The terms of any applicable authorizing statute shall govern the enforcement of any security interest to the extent that the authorizing statute contains express provisions relating to enforcement or authorizes a governmental unit to contract with respect to enforcement. In the absence of any such express provisions in an authorizing […]
10-1201 – Act, how cited.
10-1201. Act, how cited. Sections 10-1201 to 10-1206 shall be known and may be cited as the Nebraska Governmental Unit Credit Facility Act. Source Laws 2009, LB377, § 1.
10-1202 – Legislative findings.
10-1202. Legislative findings. The Legislature hereby finds and declares that there currently exist and may hereafter exist conditions which make it difficult for governmental units to issue and sell their bonds or other evidences of indebtedness and to obtain credit at reasonable interest rates and that the United States Government has authorized certain of its […]
10-1203 – Terms, defined.
10-1203. Terms, defined. For purposes of the Nebraska Governmental Unit Credit Facility Act: (1) Authorizing statute means any statute which authorizes the issuance of bonds by a governmental unit; (2) Bank means any federally chartered or state-chartered bank, savings and loan association, building and loan association, insurance company, or any other public or private agency […]
10-1204 – Credit facility; authorized; approval; terms and conditions.
10-1204. Credit facility; authorized; approval; terms and conditions. Any governmental unit in the State of Nebraska may obtain credit support for its bonds by entering into or obtaining a credit facility for any of its bonds from any United States governmental enterprise or from any bank providing a credit facility which is confirmed or otherwise […]
10-1205 – Credit facility or related agreement; payments authorized.
10-1205. Credit facility or related agreement; payments authorized. Any credit facility or related agreement may provide for payment of amounts owing by the governmental unit from any resources of the governmental unit as may be deemed appropriate by the governing body, including taxes and other revenue. Any amounts required to reimburse the provider of a […]
10-1206 – Act; construction with other law or home rule charters.
10-1206. Act; construction with other law or home rule charters. The Nebraska Governmental Unit Credit Facility Act shall be independent of and in addition to any other provision of law of the State of Nebraska or provisions of home rule charters, and any credit facility may be obtained under the act for any purpose authorized […]
10-807 – Misrepresentations for aid; penalty.
10-807. Misrepresentations for aid; penalty. Any person who shall make any false statement to the county board or to the board provided for in sections 10-801 to 10-807, or to any of its assistants or employees, for the purpose of obtaining a loan or aid of any kind, as a sufferer from cyclone, tornado or […]