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2017 Nebraska Revised Statutes
Chapter 79 - SCHOOLS
79-10,116 Class IV or V school district; bonds; purchase before maturity.
Universal Citation: NE Code § 79-10,116 (2017)
79-10,116. Class IV or V school district; bonds; purchase before maturity.
If it is deemed advisable by the board of education of a Class IV or V school district to purchase bonds issued by the district before maturity, the treasurer shall sell to the highest bidder in the open market, and in a manner prescribed by the board, such bonds or securities as belong to the school funds and the proceeds thereof shall apply to purchase of bonds issued by the district.
Source
- Laws 1891, c. 45, § 27, p. 327;
- R.S.1913, § 7033;
- C.S.1922, § 6664;
- C.S.1929, § 79-2727;
- R.S.1943, § 79-2731;
- Laws 1949, c. 256, § 219, p. 762;
- R.S.1943, (1994), § 79-532;
- Laws 1996, LB 900, § 762.
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