2006 Nebraska Revised Statutes - § 17-609 — Treasurer; utility funds; retirement of bonds or warrants.
Section 17-609Treasurer; utility funds; retirement of bonds or warrants.
The mayor and council or board of trustees may, by resolution, direct and authorize the treasurer to dispose of the surplus electric light, water, or gas funds, or the funds arising from the sale of electric light, water, or natural gas distribution properties, by the payment of outstanding electric light, water, or gas distribution bonds or water warrants then due. The excess, if any, after such payments, may be transferred to the general fund of such city or village.
Source:
- Laws 1929, c. 45, § 1, p. 194
C.S.1929, § 17-515
Laws 1931, c. 33, § 1, p. 125
Laws 1935, c. 140, § 2, p. 516
Laws 1937, c. 31, § 1, p. 156
C.S.Supp.,1941, § 17-515
Laws 1943, c. 27, § 2(3), p. 122
R.S.1943, § 17-609
Laws 1967, c. 77, § 1, p. 247
~Reissue Revised Statutes of Nebraska
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