Neb. Rev. Stat. §§ 31-510

Current with changes through the 2024 First Special Legislative Session

Section 31-510 - Borrowing money; bonds; interest; limit of indebtedness

Such district may borrow money for corporate purposes and issue bonds therefor, but it shall not become indebted in any manner or for any purpose to an amount in the aggregate in excess of one and four-tenths percent of the taxable valuation of property in the district for county purposes.

Neb. Rev. Stat. §§ 31-510

Laws 1891, c. 36, § 6, p. 290; R.S.1913, § 1929; C.S.1922, § 1870; C.S.1929, § 31-608; R.S.1943, § 31-510; Laws 1969, c. 51, § 93, p. 332; Laws 1979, LB 187, § 135; Laws 1992, LB 719A, § 123.