Neb. Rev. Stat. §§ 2-4229

Current with changes through the 2024 First Special Legislative Session
Section 2-4229 - Corporation; purchase bonds of corporation; canceled; price

The corporation, subject to such agreements with bondholders as may then exist, shall have power out of any funds available therefor to purchase bonds of the corporation, which shall thereupon be canceled, at any reasonable price which, if the bonds are then redeemable, shall not exceed the redemption price then applicable plus accrued interest to the next interest payment thereon.

Neb. Rev. Stat. §§ 2-4229

Laws 1981, LB 385, § 29.