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2018 Nebraska Revised Statutes
Chapter 10 - BONDS
10-1204 Credit facility; authorized; approval; terms and conditions.
Universal Citation: NE Code § 10-1204 (2018)
10-1204. Credit facility; authorized; approval; terms and conditions.
Any governmental unit in the State of Nebraska may obtain credit support for its bonds by entering into or obtaining a credit facility for any of its bonds from any United States governmental enterprise or from any bank providing a credit facility which is confirmed or otherwise supported by a credit facility provided by a United States governmental enterprise. Any credit facility shall be approved by a measure adopted before or after issuance of any bonds. Each credit facility shall have such terms and conditions as shall be approved by a measure adopted by the governmental unit before or after the issuance of bonds.
Source
- Laws 2009, LB377, ยง 4.
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