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 […]
10-707 – Issuance; statement; contents; certification.
10-707. Issuance; statement; contents; certification. It shall be the duty of the proper officers of any school district in which any bonds may be voted under the authority of any law of this state, before the issuance of such bonds, to make a written statement of all proceedings relative to the vote upon the issuance […]
10-711 – Tax levy; sinking fund; exception; funds; distribution.
10-711. Tax levy; sinking fund; exception; funds; distribution. It shall be the duty of the county board in each county to levy annually upon all the taxable property in each school district in such county a tax sufficient to pay the interest accruing upon any bonds issued by such school district and to provide a […]
10-712 – School district, defined.
10-712. School district, defined. The phrase school district, as used in section 10-711, is hereby declared to mean the school district as it existed immediately prior to and at the time of the issuance of any bonds by said school district, including all lands, property and inhabitants contained in said school district at the time […]
10-713 – Sinking fund; investment; requirements; interest earned; how credited.
10-713. Sinking fund; investment; requirements; interest earned; how credited. Any money in the hands of any treasurer as a sinking fund for the redemption of bonds which are a valid and legal obligation of the school district to which such money belongs or for the payment of interest on any such bonds, and which is […]
10-714 – Payment out of state; procedure.
10-714. Payment out of state; procedure. When the interest and principal, or interest only, of such registered bonds are payable in New York City, or elsewhere out of the state, payment shall be therein made at the place so designated in such bond or coupon, or at the commercial agency of the state for such […]
10-715 – Sinking fund; liability of county treasurer; unexpended balance; disposition.
10-715. Sinking fund; liability of county treasurer; unexpended balance; disposition. The tax and funds so collected shall be deemed pledged and appropriated to the payment of the interest and principal of the registered bonds herein provided for, until fully satisfied, and the treasurer shall be liable on his official bond for the faithful disbursement of […]