Nebraska Statutes 70-661. Contracts with city or village; terms and conditions
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Contracts, other than franchises, which such city or village is empowered to make with any such district to furnish such city or village, or its inhabitants, with electrical energy, shall be made in the same manner and upon the same terms and conditions as such city or village is now or hereafter empowered to make with any private corporation to furnish such city or village, or its inhabitants, with electrical energy.
Source
- Laws 1939, c. 89, §1, p. 388;
- C.S.Supp.,1941, § 70-713;
- R.S.1943, § 70-661.
Terms Used In Nebraska Statutes 70-661
- 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.