2006 Nebraska Revised Statutes - § 72-258.03 — School lands; sale; appraised value.

Section 72-258.03
School lands; sale; appraised value.

For purposes of sales of educational lands at public auction, appraised value is the adjusted value as determined by the Property Tax Administrator or his or her representative (1) for agricultural and horticultural land, multiplied by one and twenty-five hundredths, or (2) for all other classes of real property, multiplied by one, unless the Board of Educational Lands and Funds establishes a higher value pursuant to section 72-257 or 72-258, in which case that value shall be the appraised value for purposes of sale.

Source:

Laws 2000, LB 1010, § 1

~Reissue Revised Statutes of Nebraska