58-256. Bond resolution; contents; sale; manner; declaratory judgment.
The authority shall authorize the bonds by a resolution. The bonds shall bear such date or dates and shall mature at such time or times as such resolution provides, except that no bond other than bonds issued to finance rental housing projects or residential housing shall mature more than thirty years from the date of its issue as the resolution provides. In no case shall any bond mature more than fifty years from the date of issue. The bonds shall bear interest at such rate or rates, including variations of such rates, be in such denominations, be in such form, either coupon or registered, carry such registration privileges, be executed in such manner, be payable in such medium of payment at such place or places, and be subject to such terms of redemption, including redemption prior to maturity, as such resolution provides, except that facsimile signatures of all members of the authority shall be sufficient only if the resolution requires that the trustee for such bond issue manually authenticate each bond and the resolution permits the use of facsimile signatures. The resolution authorizing the bonds may provide that the bonds contain a recital that they are issued under the Nebraska Investment Finance Authority Act, and such recital shall be deemed conclusive evidence of the validity of the bonds and the regularity of the issuance. The provisions of section 10-126 shall not apply to bonds issued by the authority. Bonds of the authority may be sold by the authority at a public or private sale and at such price or prices as the authority shall determine.
The authority may bring an action for declaratory judgment to determine the validity of any issuance or proposed issuance of its bonds under the act and the legality and validity of all proceedings previously taken or proposed in a resolution of the authority to be taken for the authorization, issuance, sale, and delivery of such bonds and for the payment of the principal of and interest on such bonds.
Source
Structure Nebraska Revised Statutes
Chapter 58 - Money and Financing
58-101 - Money; denominations; public payments.
58-102 - Money; demand expressed in another denomination; effect.
58-202 - Cost and availability of financing; legislative findings and declarations.
58-203 - Authority; purpose for creation.
58-204 - Finance and development entities; legislative findings.
58-205 - Consolidation of various finance and development entities; legislative findings.
58-207 - Definitions, where found.
58-207.01 - Abatement, defined.
58-207.02 - Accessibility barrier, defined.
58-207.03 - Accessibility barrier elimination, defined.
58-208 - Agriculture or agricultural enterprise, defined.
58-209.01 - Blighted area, defined.
58-210.01 - Environmental hazard, defined.
58-210.02 - Economic-impact project, defined.
58-211 - Financing agreement, defined.
58-211.01 - First-time homebuyer, defined.
58-212 - Hospital or nursing home, defined.
58-216 - Low-income or moderate-income person, defined.
58-216.01 - Microenterprise, defined.
58-218 - Mortgage loan, defined.
58-219.01 - Public agency, defined.
58-220 - Rental housing, defined.
58-221 - Residential energy conservation device, defined.
58-222 - Residential housing, defined.
58-223 - Residential energy conservation loan program, defined.
58-226 - Nebraska Investment Finance Authority; created; members; qualifications.
58-227 - Authority; public members; terms; vacancies; removal.
58-228 - Authority; chairperson; officers; expenses.
58-229 - Authority; quorum; vacancy; effect.
58-230 - Meetings; when held; virtual conferencing authorized.
58-231 - Executive director; powers and duties.
58-232 - Executive director; meetings; records; duties.
58-234 - Authority; personnel.
58-235 - Authority; member or employee; conflict of interest; disclosure.
58-236 - Officer or employee of state; membership on or service to authority; how treated.
58-237 - Authority; members; executive director; surety bond.
58-238 - Authority; members; liability.
58-239 - Authority; powers; enumerated.
58-239.01 - Authority; microenterprises; powers and duties.
58-239.02 - Authority; wastewater treatment and safe drinking water projects; powers and duties.
58-239.03 - Authority; public safety communication projects; powers.
58-239.04 - Authority; economic-impact projects; powers and duties.
58-240 - Authority; duties; enumerated.
58-241 - Authority; coordinate activities with state.
58-242 - Authority; agricultural projects; duties.
58-243 - Authority; agricultural projects; powers.
58-244 - Authority; agricultural projects; adopt rules and regulations.
58-245 - Agricultural projects; loan; reports required; contents.
58-246 - Agricultural projects; loan reports; public information; borrower's name omitted.
58-247 - Authority; housing projects; powers.
58-248 - Authority; housing projects; adopt rules and regulations.
58-249 - Authority; low-income housing loans; establish funds.
58-250 - Authority; development projects; adopt rules and regulations.
58-251 - Authority; development project; make specific findings.
58-252 - Authority; borrow money and issue bonds; purposes.
58-253 - Authority; issue bonds to renew, pay, or refund bonds.
58-254 - Authority; bond issuance; general obligation; how paid and secured.
58-255 - Authority; bond issuance; state; no obligation; statement.
58-256 - Bond resolution; contents; sale; manner; declaratory judgment.
58-257 - Bond resolution; provisions enumerated.
58-258 - Authority; pledge; effect; lien; recording; not required.
58-259 - Authority; purchase bonds of authority; canceled; price.
58-260 - Bonds; secured by trust indenture; contents; expenses; how treated.
58-261 - Bonds; negotiable instruments.
58-262 - Bonds; signatures of prior members or officers; validity.
58-263 - Authority; establish funds.
58-264 - Authority; money; deposits; secured; expenditures.
58-265 - Authority; bondholders; contract; purposes; money; how secured.
58-266 - Bondholders; pledge; agreement of the state.
58-267 - Authority; expenses; how paid; liability of state or political subdivision; prohibited.
58-269 - Bonds; legal investments; for whom; considered securities.
58-270 - Authority; reports; contents; audit; issuance of bonds; notices.
58-502 - Legislative findings.
58-504 - Designated blighted and substandard area; application; hearing; approval.
58-505 - Redevelopment project; application; hearing; approval.
58-507 - Property taxes; how divided.
58-508 - Redevelopment project valuation; county assessor; duties.
58-509 - Property taxes; how treated.
58-510 - Pledge of taxes; authorized.
58-511 - Penal bond; required.
58-512 - Powers supplemental; act, how construed.
58-513 - Contracting public body; powers.
58-515 - Bonds; liability; how paid; notes.
58-518 - Bonds; signatures; negotiability.
58-519 - Bonds; presumption of validity.
58-520 - Bonds; leases; contracting public body; powers.
58-521 - Default; contracting public body; powers.
58-523 - Bonds; authorized investment.
58-524 - Bond validation proceeding; appeal.
58-525 - Bonds or certificates; validation.
58-526 - Public body or taxing body; supplemental powers.
58-527 - Sale, conveyance, lease, or agreement; how made.
58-528 - Contracting public body; estimate of expenses; appropriations; bonds authorized.
58-529 - School districts; additional expenses; appropriations.
58-530 - Presumption of compliance.
58-533 - Filing of applications; limitation.
58-612 - Standard of conduct in managing and investing institutional fund.
58-613 - Appropriation for expenditure or accumulation of endowment fund; rules of construction.
58-614 - Delegation of management and investment functions.
58-615 - Release or modification of restrictions on management, investment, or purpose.
58-616 - Reviewing compliance.
58-617 - Application to existing institutional funds.
58-618 - Relation to Electronic Signatures in Global and National Commerce Act.
58-619 - Uniformity of application and construction.
58-702 - Legislative findings.
58-703 - Affordable Housing Trust Fund; created; use.
58-704 - Housing advisory committee; created; members; duties; meetings.
58-705 - Department of Economic Development; Affordable Housing Trust Fund; duties.
58-706 - Affordable Housing Trust Fund; eligible activities.
58-707 - Assistance; qualified recipients.
58-709 - Rules and regulations.
58-711 - Information on status of Affordable Housing Trust Fund; report; contents.
58-802 - Legislative findings.
58-803 - Definitions, where found.
58-807 - Eligible institution, defined.
58-807.01 - Private cultural institution, defined.
58-808 - Private health care institution, defined.
58-809 - Private institution of higher education, defined.
58-810 - Private social services institution, defined.
58-813 - Nebraska Educational, Health, Cultural, and Social Services Finance Authority; created.
58-814 - Authority; members; qualifications; appointment; terms; removal.
58-815 - Authority; officers; executive director; compensation; receive contributions.
58-816 - Authority; keep records and accounts; seal; certified copies.
58-817 - Authority; quorum; actions; vacancy; effect; meetings.
58-818 - Authority; officers, members, and employees; surety bond requirements.
58-819 - Authority; members; expenses.
58-820 - Authority member or employee; conflict of interest; abstention.
58-822 - Authority; perpetual succession; bylaws.
58-823 - Authority; adopt seal.
58-824 - Authority; office; location.
58-825 - Authority; sue and be sued.
58-826 - Authority; powers over project.
58-827 - Authority; issuance of bonds authorized.
58-828 - Authority; charge for services.
58-829 - Authority; rules and regulations for use of project; designate agent.
58-830 - Authority; personnel.
58-831 - Authority; receive loans, grants, and contributions.
58-832 - Authority; mortgage of certain property.
58-833 - Authority; loans authorized; limitation.
58-834 - Authority; issue bonds; make loans; conditions.
58-835 - Authority; administrative costs; apportionment.
58-836 - Authority; general powers; joint projects.
58-837 - Authority; combine and substitute projects; bonds; additional series.
58-838 - Expenses; how paid; liability; limitation.
58-839 - Authority; acquisition of property.
58-840 - Authority; financing obligations completed; convey title to eligible institution.
58-842 - Bond issuance; resolution; provisions enumerated.
58-843 - Bonds; secured by trust indenture; contents; expenses; how treated.
58-844 - Bonds issued to purchase securities of eligible institution; provisions applicable.
58-845 - Bonds issued to acquire federally guaranteed securities; provisions applicable.
58-846 - Refunding bonds; issuance authorized; provisions applicable.
58-847 - Bond issuance; state or political subdivision; no obligation; statement; expenses.
58-848 - Authority; rents or loan payments; use.
58-849 - Money received by authority; deemed trust funds; investment.
58-850 - Bondholders and trustee; enforcement of rights.
58-852 - Authority; journal; public records.
58-853 - Authority; public purpose; exemptions from taxation.
58-854 - Bondholders; pledge; agreement of the state.
58-855 - Act; supplemental to other laws.
58-856 - Act; provisions controlling.
58-857 - Nebraska Health Education Assistance Loan Program; established.
58-858 - Nebraska Health Education Assistance Loan Program; authority; powers.
58-859 - Nebraska Health Education Assistance Loan Program; loans; how funded.
58-860 - Nebraska Health Education Assistance Loan Program; bonds or other obligations; how paid.
58-861 - Nebraska Health Education Assistance Loan Program; bonds; security.
58-862 - Nebraska Health Education Loan Repayment Fund; created; use.
58-863 - Nebraska Student Loan Assistance Program; established.
58-864 - Nebraska Student Loan Assistance Program; authority; powers.
58-865 - Nebraska Student Loan Assistance Program; loans; how funded.