58-850. Bondholders and trustee; enforcement of rights.
Any holder of bonds or of any of the coupons appertaining thereto issued under the Nebraska Educational, Health, Cultural, and Social Services Finance Authority Act and the trustee under any trust indenture, except to the extent the rights given in the act may be restricted by the resolution or trust indenture, may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce any and all rights under the laws of the state, the act, or such trust indenture or resolution authorizing the issuance of such bonds and may enforce and compel the performance of all duties required by the act or by such trust indenture or resolution to be performed by the authority or by any officer, employee, or agent thereof, including the fixing, charging, and collecting of rates, rents, loan payments, fees, and charges authorized in the act and required by the provisions of such resolution or trust indenture to be fixed, established, and collected.
Such rights shall include the right to compel the performance of all duties of the authority required by the act or the resolution or trust indenture to enjoin unlawful activities and, in the event of default with respect to the payment of any principal of and premium, if any, and interest on any bond or in the performance of any covenant or agreement on the part of the authority in the resolution or trust indenture, to apply to a court having jurisdiction of the cause to appoint a receiver to administer and operate a project, the revenue of which is pledged to the payment of the principal of and premium, if any, and interest on such bonds, with full power to pay and to provide for payment of the principal of and premium, if any, and interest on such bonds, and with such powers, subject to the direction of the court, as are permitted by law and are accorded receivers in general equity cases, excluding any power to pledge additional revenue of the authority to the payment of such principal, premium, and interest, and to foreclose the mortgage on the project in the same manner as the foreclosure of a mortgage on real estate of private corporations.
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.