Nebraska Statutes 3-619. Bonds, notes, obligations of authority; not debts of State of Nebraska or any county
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The bonds, notes, and other obligations of an authority shall not be a debt of the State of Nebraska or of the county in which such authority is established, and neither the state nor the county shall be liable thereon, nor shall such bonds be payable out of any funds other than funds of the authority issuing the same.
Source
- Laws 1969, c. 141, § 19, p. 662.
Terms Used In Nebraska Statutes 3-619
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801