There is a newer version
of
this Statute
2017 Nebraska Revised Statutes
Chapter 70 - POWER DISTRICTS AND CORPORATIONS
70-1818 Creation of mandated project bond issuer; procedure; board of directors.
Universal Citation: NE Code § 70-1818 (2017)
70-1818. Creation of mandated project bond issuer; procedure; board of directors.
A public entity may create, by a duly adopted resolution of its governing body, a mandated project bond issuer. A mandated project bond issuer is a body politic and corporate, not an agency of the state but an independent instrumentality exercising essential public functions, and has the powers and duties set forth in section 70-1819. The chairperson of the governing body of the creating public entity shall appoint a three-person board of directors from among the governing body's members, and such board of directors shall govern the mandated project bond issuer.
Source
- Laws 2015, LB141, ยง 8.
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
