Neb. Rev. Stat. § 58-254

Current with changes from the 2024 legislative session enacted on or before 4/18/2024
Section 58-254 - Authority; bond issuance; general obligation; how paid and secured

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.

Neb. Rev. Stat. § 58-254

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