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Nebraska Statutes 58-254 - Authority; bond issuance; general obligation; how paid and secured

Nebraska Statutes > Chapter 58 > § 58-254 - Authority; bond issuance; general obligation; how paid and secured


Current as of: 2010

Unless otherwise expressly provided by the authority, every issue of its bonds shall be general obligations of the authority payable solely out of any revenue or money of the authority, subject only to any agreements with the holders of particular bonds pledging any particular money or revenue. The bonds may be additionally secured by a pledge of any grant or contribution from the federal government or any corporation, association, institution, or person or a pledge of any money, income, or revenue of the authority from any source.


Laws 1983, LB 626, § 54; Laws 1991, LB 253, § 54.

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See also:
Nebraska Statutes > Chapter 58 - Money And Financing

Federal Regulations: Financial Services

CFR > Title 17 - Commodity and Securities Exchanges

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