Neb. Rev. Stat. § 79-422

Current with changes from the 2024 legislative session enacted on or before 4/18/2024
Section 79-422 - Change in boundary lines; bonded indebtedness; treatment

Bonded indebtedness approved by legal voters prior to any change in school district boundary lines pursuant to sections 79-413 to 79-421 shall remain the obligation of the school district voting such bonds unless otherwise specified in the petitions. When a district is dissolved by petitions and the area is attached to two or more districts, the petitions shall specify the disposition of assets and unbonded obligations of the original district.

Neb. Rev. Stat. § 79-422

Amended by Laws 2021, LB 528,§ 24, eff. 5/26/2021, op. 8/28/2021.