Nebraska Statutes 31-732. District; body corporate; powers
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Such district shall be a body corporate and politic by name of Sanitary and Improvement District Number ……….. of ……….. County and shall have the power and authority to take and hold real and personal property necessary for its use, to make contracts, to sue and be sued, to have and use a corporate seal, and to exercise any and all other powers, as a corporation, necessary to carry out the purposes of sections 31-727 to 31-762.
Source
- Laws 1949, c. 78, § 6, p. 197.
Terms Used In Nebraska Statutes 31-732
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Personal property: All property that is not real property.