10-615. Refunding bonds; sanitary and improvement district; road improvement district; fire protection district; issuance; conditions.
Any sanitary and improvement district, any road improvement district, and any fire protection district in the State of Nebraska which has issued or which will issue bonds for any purpose, and such bonds or any part of such bonds are unpaid, are a legal liability against such district, and are bearing interest, may issue refunding bonds with which to call and redeem all or any part of such outstanding bonds at or before the maturity or the redemption date of such bonds, may include various series and issues of the outstanding bonds in a single issue of refunding bonds, and may issue refunding bonds to pay any redemption premium and interest to accrue and become payable on the outstanding bonds being refunded or refunding bonds issued. The refunding bonds may be issued and delivered at any time prior to the date of maturity or the redemption date of the bonds to be refunded that the governing body or the administrator determines to be in the best interest of any such district. The proceeds derived from the sale of the refunding bonds issued pursuant to this section may be invested in obligations of or guaranteed by the United States Government pending the time the proceeds are required for the purpose for which such refunding bonds were issued. To further secure the refunding bonds, any such district may enter into a contract with any bank or trust company, within or without the state, with respect to the safekeeping and application of the proceeds of the refunding bonds and the safekeeping and application of the earnings on the investment of such proceeds. Any outstanding bonds, which shall have been called for redemption and which have sufficient funds or obligations of or guaranteed by the United States Government set aside in safekeeping to be applied for the complete payment of such bonds, interest on such bonds, and redemption premium, if any, on the redemption date, shall not be considered as outstanding and unpaid, and such bonds shall be fully secured by and be payable from such funds or obligations so deposited. Each new refunding bond so issued shall state on the bond (1) the object of its issue, (2) this section of the law under which such issue was made, including a statement that the issue is made pursuant to such section, and (3) the date and principal amount of the bond or bonds for which the refunding bonds are being issued.
Source
Structure Nebraska Revised Statutes
10-102 - Remittances; how made; expenses.
10-103 - Payment; cancellation and return; duty of state agent.
10-105 - Donations to railroad corporations; conditions; noncompliance; effect.
10-106 - County bonds; registration; procedure; certified statement; record.
10-107 - County bonds; statement of county indebtedness; duties of county clerk; compensation.
10-110 - County bonds; retirement; taxes; levy and collection; duties of county clerk.
10-111 - County bonds; retirement; interest; payment; sinking fund; investment; conditions.
10-112 - County bonds; retirement; payment out of state; procedure.
10-113 - County treasurer; liability for bond funds.
10-114 - County bonds; payment; cancellation at maturity; procedure; expenses.
10-115 - Statement of business transacted; duties of county treasurer and county clerk.
10-120 - Precinct refunding bonds; sale authorized; use of proceeds.
10-123 - Precinct, township, or school district bonds; duty of local boards.
10-124 - Precinct, township, or school district bonds; duty of county clerk; record; contents; fee.
10-127 - Replacement bond; issuance authorized; when.
10-128 - Replacement bond; issuance; procedure.
10-129 - Replacement bond; issuance; notice.
10-130 - Replacement bond; blank bond; printing authorized.
10-131 - Bonds of municipal corporation or political subdivision; signatures.
10-132 - Bonds of municipal corporation or political subdivision; seal.
10-135 - Fully registered bonds; issuance authorized.
10-136 - Fully registered bonds; issuer; registrar; powers and duties.
10-137 - Bond anticipation notes; issuance authorized; conditions.
10-138 - Refunding warrants; issuance authorized; conditions.
10-139 - County treasurer or other officer holding funds; duties.
10-140 - Issuance of bonds; recording requirements.
10-141 - Registrar's records; available for inspection; when.
10-142 - Refunding bonds; issuance; conditions; application of proceeds.
10-143 - Sections, how construed.
10-144 - Bonds issued by agency or political subdivision; registration not required.
10-145 - Political subdivision; Internet auction system; authorized.
10-301 - Power and duty of political subdivisions.
10-302 - Conditions; procedure.
10-303 - Coupon bonds; issuance; conditions; limitations.
10-304 - Coupon bonds; terms; rate of interest; tax levy.
10-305 - Coupon bonds; record; duty of local board.
10-401 - County and city bonds; issuance; conditions; limitations.
10-402 - County and city bonds; election; proposition; contents.
10-403 - County and city bonds; proposition; rate of interest.
10-404 - County and city bonds; publication required; resubmission limited.
10-405 - County and city bonds; payment; tax levy.
10-408 - Courthouse bonds; election; procedure.
10-501 - Issuance; conditions; limitations.
10-503 - Sale; price; duties of county board; vote.
10-504 - Sale; proceeds; disposition; exchange.
10-505 - Payment; notice to holders; cancellation; form.
10-506 - Record; contents; duty of county treasurer.
10-508 - County board; adopt rules and regulations.
10-509 - Prohibited acts; penalty.
10-606 - City of the second class and village; issuance; limitations; election; notice.
10-609 - Precinct refunding bonds; issuance; condition.
10-610 - Precinct refunding bonds; terms; recitals; remedies.
10-611 - Precinct refunding bonds; payable to bearer; delivery; sale; price.
10-612 - Precinct refunding bonds; payment; tax levy.
10-616 - Refunding bonds; issuance by annexing city or village.
10-617 - Refunding bonds; construction of sections.
10-701 - Issuance; purposes; power of district officers.
10-703 - Issuance; election; resolution of board; petition; form; content; exception.
10-703.01 - Issuance; election; notice; counting of ballots; canvass of vote.
10-705 - Terms; rate of interest.
10-707 - Issuance; statement; contents; certification.
10-711 - Tax levy; sinking fund; exception; funds; distribution.
10-712 - School district, defined.
10-713 - Sinking fund; investment; requirements; interest earned; how credited.
10-714 - Payment out of state; procedure.
10-715 - Sinking fund; liability of county treasurer; unexpended balance; disposition.
10-716 - Payment; duty of county treasurer; expenses; record; duty of county clerk.
10-717 - Refunding bonds; authorized; limitation.
10-718 - Refunding bonds; required statement.
10-719 - Refunding bonds; election not required; payment; tax levy.
10-801 - Issuance; purposes; limit; election required; power of county board.
10-802 - Issuance; terms; election; notice; vote.
10-804 - Election; proposition; contents; payment; tax levy.
10-805 - Election; proposition; contents; sinking fund; creation; use.
10-807 - Misrepresentations for aid; penalty.
10-1102 - Applicability of act.
10-1106 - Enforcement; determination of default.
10-1202 - Legislative findings.
10-1204 - Credit facility; authorized; approval; terms and conditions.
10-1205 - Credit facility or related agreement; payments authorized.
10-1206 - Act; construction with other law or home rule charters.