US Lawyer Database

19-5308 – Taxation.

19-5308. Taxation. The real property owned by an authority and the authority’s income and operations are exempt from all taxation by the state or any political subdivision thereof, except that purchases by an authority shall be subject to state and local sales and use taxes. Source Laws 2017, LB97, § 8.

19-5309 – Conflict of interest.

19-5309. Conflict of interest. (1) No member of an authority or employee of an authority shall acquire any interest, direct or indirect, in real property located within the boundaries of any district overseen and managed by the authority. (2) No member of an authority or employee of an authority shall have any interest, direct or […]

19-5310 – Funding.

19-5310. Funding. An authority may receive funding through grants and loans from the city that created the authority, from other municipalities, from the state, from the federal government, and from other public and private sources. Source Laws 2017, LB97, § 10.

19-5311 – Bonds; issuance; procedure; liability.

19-5311. Bonds; issuance; procedure; liability. (1) An authority shall have the power to issue bonds for any of its corporate purposes, the principal and interest of which are payable from its revenue generally. Any of such bonds shall be secured by a pledge of any revenue of the authority or by a mortgage of any […]

19-4901 – Judicial proceedings; bond not required.

19-4901. Judicial proceedings; bond not required. No bond for costs, appeal, supersedeas, injunction, or attachment shall be required of any city of the first class, city of the second class, or village or of any officer, member of any board or commission, head of any department, agent, or employee of such city or village in […]