United States — Nebraska
§ 10-508. County board; adopt rules and regulations.
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The county board must adopt rules and regulations for handling warrants, orders, certificates, and audited accounts.
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35,870 statutes · page 8 of 1,794
United States — Nebraska
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The county board must adopt rules and regulations for handling warrants, orders, certificates, and audited accounts.
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A person or officer must not knowingly circulate, use, deliver, dispose of, or issue certain warrants, orders, certificates, or audited accounts in a way that defrauds or attempts to defraud others.
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Cities of the second class and villages in Nebraska may issue bonds for existing or future indebtedness, but the bonds must mature within 2 to 20 years and the city or village may levy taxes to pay the coupons.
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Some second-class Nebraska cities may issue coupon bonds to replace earlier railroad or internal-improvement bonds if strict conditions are met.
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Bonds issued under section 10-607 must state the purpose of the issue, the legal section authorizing it, and the number, date, and amount of any bonds being replaced.
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A county board may issue special precinct refunding bonds if a court finally determines the prior precinct bonds were lawful county debt.
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Funding bonds must be issued in denominations chosen by the board, mature within 20 years, and carry interest, coupons, and repayment terms tied to the original debt.
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The bonds may be delivered to judgment holders or sold under county board direction, but they cannot be sold below par value.
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The county board must levy taxes on the specified precinct property to pay funding bond interest, build a sinking fund, and cover principal and remaining interest at maturity.
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Certain Nebraska improvement and fire protection districts may issue refunding bonds for unpaid, interest-bearing bonds.
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A city or village that annexes part or all of certain districts and becomes liable for their bonds or warrants may exercise section 10-615 powers for those bonds and issue refunding bonds to call and redeem the warrants before maturity.
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Sections 10-615 and 10-616 are an additional, alternative, and complete method for the authorized actions, and they control if inconsistent with other law or a home rule charter.
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District officers of any Nebraska school district may issue district bonds under specified sections.
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School district bonds may be issued only after voter approval at a proper election and required notices.
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A vote must be ordered for bond issuance either by a majority board resolution or by a petition signed by at least 10% of the district’s qualified voters.
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Sets out who runs special school-district bond elections, how ballots and notices must be handled, and when election materials and voter lists must be prepared.
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Bonds issued under sections 10-701 to 10-716 must draw whatever interest is agreed upon.
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Before bonds are issued, proper school district officers must prepare a written statement about the bond vote and related election details, and the school board must certify that statement under oath.
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County boards must levy an annual tax on school district property to pay bond interest and build a sinking fund, and they must pass collected taxes to the county treasurer.
United States — Nebraska
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This section defines “school district” for section 10-711.