Statutes, codes, and regulations
Revised Statutes of Nebraska
Chapter 79 - SchoolsArticle 10 - SCHOOL TAXATION, FINANCE, AND FACILITIES
SITE AND FACILITIES ACQUISITION, MAINTENANCE, AND DISPOSITION
Section 79-10,116 - Class IV or V school district; bonds; purchase before maturity

Neb. Rev. Stat. §§ 79-10,116

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Current with changes through the 2024 First Special Legislative Session
Section 79-10,116 - Class IV or V school district; bonds; purchase before maturity

If it is deemed advisable by the board of education of a Class IV or V school district to purchase bonds issued by the district before maturity, the treasurer shall sell to the highest bidder in the open market, and in a manner prescribed by the board, such bonds or securities as belong to the school funds and the proceeds thereof shall apply to purchase of bonds issued by the district.

Neb. Rev. Stat. §§ 79-10,116

Laws 1891, c. 45, § 27, p. 327; R.S.1913, § 7033; C.S.1922, § 6664; C.S.1929, § 79-2727; R.S.1943, § 79-2731; Laws 1949, c. 256, § 219, p. 762; R.S.1943, (1994), § 79-532; Laws 1996, LB 900, § 762.