reglab/housing_qa huggingface dataset:
NE Code § 10-502 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-502 - Terms; conditions.

10-502.  Terms; conditions.Any bonds hereafter issued under the provisions of sections 10-501 to 10-509 shall be for the payment by the county issuing the same of the sum specified therein, made payable at the office of the county treasurer, and to run not more than twenty years nor less than five years, with interest payable semiannually; the bonds and coupons shall be signed by the chairman of the board, and countersigned by the county clerk of the county; Provided, such bonds may be made redeemable at any time after five years, at the option of the county board.Source   Laws 1879, § 133, p. 387;   R.S.1913, § 417;   C.S.1922, § 334;   C.S.1929, § 11-502;   R.S.1943, § 10-502;   Laws 1969, c. 51, § 6, p. 277. Annotations Antedating, not to evade law, does not invalidate bonds. State ex rel. Hoffman v. Moore, 46 Neb. 590, 65 N.W. 193 (1895).
NE Code § 10-503 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-503 - Sale; price; duties of county board; vote.

10-503.  Sale; price; duties of county board; vote.It shall be the duty of the county board of any county issuing bonds under the provisions of sections 10-501 to 10-509 to ascertain the highest price at which said bonds can be negotiated and to embrace in the proposition submitted to the qualified electors under said sections the minimum price at which said bonds shall be sold. If by the issuance of the proposed bonds, the rate of interest on the said indebtedness will be reduced, and the amount of the indebtedness will not be increased, a majority of the votes cast shall be sufficient to adopt the proposition.Source   Laws 1879, § 134, p. 388;   Laws 1883, c. 28, § 1, p. 192;   R.S.1913, § 418;   C.S.1922, § 335;   C.S.1929, § 11-503;   R.S.1943, § 10-503;   Laws 1983, LB 421, § 13. Annotations Constitutionality of 1883 amendment sustained permitting issuance of refunding bonds by majority vote. State ex rel. Douglas County v. Cornell, 54 Neb. 72, 74 N.W. 432 (1898).
NE Code § 10-504 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-504 - Sale; proceeds; disposition; exchange.

10-504.  Sale; proceeds; disposition; exchange.It shall be the duty of the board issuing bonds under the provisions of sections 10-501 to 10-509 to negotiate said bonds, and all the proceeds arising from the sale of said bonds shall be paid into the county treasury of said county, and shall be applied solely to the redemption and payment of the unpaid bonds, warrants and indebtedness of said county; Provided, the county board of any county may exchange such bonds at not less than their par value, for the outstanding indebtedness of such county; Provided further, no bonds shall be issued, for the purpose of such exchange, for a less sum than fifty dollars.Source   Laws 1879, § 135, p. 388;   Laws 1883, c. 28, § 1, p. 192;   R.S.1913, § 419;   C.S.1922, § 336;   C.S.1929, § 11-504;   R.S.1943, § 10-504.
NE Code § 10-505 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-505 - Payment; notice to holders; cancellation; form.

10-505.  Payment; notice to holders; cancellation; form.Whenever bonds subject to sections 10-501 to 10-509 are sold and the proceeds paid into the county treasury, it shall be the duty of the county treasurer to immediately notify the holders of all bonds, warrants, orders, certificates, or audited accounts intended to be redeemed and paid under the provisions of sections 10-501 to 10-509; and the holders of such bonds, warrants, orders, certificates, or audited accounts, dated prior to the issuing of such bonds, shall present the same for payment, and the county treasurer shall pay the same out of the funds so provided, and the county treasurer shall forthwith cancel such bonds, warrants, orders, certificates, or audited accounts so presented and paid, by writing across the face of each of them with red ink, plainly and legibly, the following words (properly filling the blank): "Canceled from bonds and warrants, bond funds this .......... day of .......... 20.... .Signed ....................., county treasurer. Signed ......................., holder."Source   Laws 1879, § 136, p. 388;   Laws 1883, c. 28, § 1, p. 192;   R.S.1913, § 420;   C.S.1922, § 337;   C.S.1929, § 11-505;   R.S.1943, § 10-505;  Laws 2004, LB 813, § 1.
NE Code § 10-506 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-506 - Record; contents; duty of county treasurer.

10-506.  Record; contents; duty of county treasurer.The treasurer of said county shall record in a book kept for that purpose a statement of all the bonds issued, giving the number, amount, date, and to whom issued; and shall also keep and record in said book a statement of all the bonds, warrants, orders, certificates and audited accounts so taken, giving their number, date, amount of principal and interest, if any, to whom issued, by whom presented for redemption, and as often as he may be called upon by the said board so to do, he shall present a statement thereof, and of all his doings in the premises, to the said county board.Source   Laws 1879, § 137, p. 389;   Laws 1883, c. 28, § 1, p. 193;   R.S.1913, § 421;   C.S.1922, § 338;   C.S.1929, § 11-506;   R.S.1943, § 10-506.
NE Code § 10-507 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-507 - Tax levy; limit.

10-507.  Tax levy; limit.The county board of any county issuing bonds under the provisions of sections 10-501 to 10-509 shall levy a tax annually for the payment of the interest on said bonds as it becomes due; Provided, an additional amount shall be levied and collected sufficient to pay the principal of such bonds at maturity; and provided, not more than twenty percent of the principal of said bonds shall be levied and collected in any one year.Source   Laws 1879, § 138, p. 389;   R.S.1913, § 422;   C.S.1922, § 339;   C.S.1929, § 11-507;   R.S.1943, § 10-507.
NE Code § 10-508 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-508 - County board; adopt rules and regulations.

10-508.  County board; adopt rules and regulations.The county board is hereby directed to adopt such rules and regulations governing all officers and other persons in the payment, redemption, cancellation and destruction of such warrants, orders, certificates and audited accounts as it deems necessary and sufficient to protect the interests of the county in furtherance of the provisions of sections 10-501 to 10-509.Source   Laws 1879, § 139, p. 389;   R.S.1913, § 423;   C.S.1922, § 340;   C.S.1929, § 11-508;   R.S.1943, § 10-508.
NE Code § 10-509 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-509 - Prohibited acts; penalty.

10-509.  Prohibited acts; penalty.If any person or officer, contrary to the provisions of sections 10-501 to 10-509, shall knowingly issue or deliver, or put in circulation, use, or in any manner dispose of, contrary to law, any warrant, order, certificate or audited account, intended to be redeemed or paid under the provisions of said sections, either before or after the same has been paid or canceled, and thereby defraud, or attempt to defraud, any corporation, county, state or person, he shall be guilty of a Class IV felony.Source   Laws 1879, § 140, p. 389;   R.S.1913, § 424;   C.S.1922, § 341;   C.S.1929, § 11-509;   R.S.1943, § 10-509;   Laws 1977, LB 40, § 69.
NE Code § 10-606 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-606 - City of the second class and village; issuance; limitations; election; notice.

10-606.  City of the second class and village; issuance; limitations; election; notice.Any city of the second class and any village in the State of Nebraska may issue bonds for the purpose of funding any and all indebtedness now existing or hereafter created, now due or to become due; Provided, said bonds shall be payable in not less than two years and not more than twenty years from date of their issue, and that said bonds shall bear interest at a rate set by the governing body, with interest coupons attached, payable annually or semiannually; and may levy a tax on all the taxable property in the city or village in addition to other taxes for the payment of said coupons as they respectively become due, and the taxes levied to pay the same shall be payable only in cash or coupons; Provided, the city council of said cities or said board of trustees of said villages shall further authorize the issuing of said bonds by ordinance when so instructed by a majority of all of the votes cast at an election held in such city or village for that purpose; notice of said election shall be published in four issues of some legal newspaper, published in the city or village seeking to issue bonds, or if there be no newspaper published in said city or village then by posting said notices in five conspicuous places in said city or village for at least four weeks prior to the date of said election.Source   Laws 1881, c. 19, § 1, p. 161;   Laws 1911, c. 22, § 1, p. 142;   R.S.1913, § 429;   C.S.1922, § 346;   Laws 1925, c. 42, § 1, p. 162;   C.S.1929, § 11-605;   R.S.1943, § 10-606;   Laws 1969, c. 51, § 10, p. 279. Annotations A claim sounding in contract, which may be enforced in the courts, is an indebtedness for the payment of which funding bonds may be issued. State ex rel. City of Tekamah v. Marsh, 108 Neb. 835, 189 N.W. 381 (1922).
NE Code § 10-607 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-607 - City of the second class; internal improvement and railroad aid refunding bonds; issuance; conditions; limitations; election.

10-607.  City of the second class; internal improvement and railroad aid refunding bonds; issuance; conditions; limitations; election.Any city of the second class in the State of Nebraska which has heretofore voted and issued bonds to aid in the construction of any railroad or other work of internal improvement and which bonds or any part thereof still remain unpaid and are a legal liability against such city, and have been finally so determined by a court of competent jurisdiction, and bearing interest at ten percent per annum, is hereby authorized to issue coupon bonds at a rate of interest set by the governing body, to be substituted in place of and exchanged for such bonds heretofore issued, whenever such city can effect such substitution and exchange, which substitution and exchange shall not exceed dollar for dollar; Provided, such substitution and exchange shall have first been duly authorized by a majority vote of the people of said city at an election to be held for the purpose as provided in section 10-606.Source   Laws 1881, c. 19, § 2, p. 162;   R.S.1913, § 430;   C.S.1922, § 347;   C.S.1929, § 11-606;   R.S.1943, § 10-607;   Laws 1969, c. 51, § 11, p. 280.
NE Code § 10-608 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-608 - City of the second class; internal improvement and railroad aid refunding bonds; issuance; requirements.

10-608.  City of the second class; internal improvement and railroad aid refunding bonds; issuance; requirements.The bonds issued under the provisions of section 10-607 shall have recited therein the object of their issue, and the section of the law under which the issue is made, stating the issue to be in pursuance thereof, and shall also state the number, date and amount of the bond or bonds for which it was substituted, and such new bond shall not be delivered until the surrender of the bond or bonds so designated.Source   Laws 1881, c. 19, § 3, p. 162;   R.S.1913, § 431;   C.S.1922, § 348;   C.S.1929, § 11-607;   R.S.1943, § 10-608.
NE Code § 10-609 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-609 - Precinct refunding bonds; issuance; condition.

10-609.  Precinct refunding bonds; issuance; condition.Whenever it shall be determined by the final judgment of any court of competent jurisdiction, that any bonds purporting to have been issued by the county board of any county not under township organization for or on behalf of any precinct or de facto precinct within said county, for a lawful debt of said county payable by a tax levy upon the property in the said precinct or de facto precinct, said county board is hereby authorized to issue special precinct refunding bonds for the purpose of paying said indebtedness.Source   Laws 1901, c. 10, § 1, p. 61;   R.S.1913, § 432;   C.S.1922, § 349;   C.S.1929, § 11-608;   R.S.1943, § 10-609.
NE Code § 10-610 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-610 - Precinct refunding bonds; terms; recitals; remedies.

10-610.  Precinct refunding bonds; terms; recitals; remedies.The said funding bonds shall be in such denominations as the board shall elect, shall mature not later than twenty years from their date, and may be payable at an earlier date if the county board so decides, shall bear interest which in rate and amount per annum shall not be greater than that of the bonds originally issued, payable annually or semiannually, shall bear coupons for the amount of the annual interest, shall contain a recital of the indebtedness for which they were issued, and shall have the same remedies for the enforcement as the original debt which they are intended to refund.Source   Laws 1901, c. 10, § 2, p. 61;   R.S.1913, § 433;   C.S.1922, § 350;   C.S.1929, § 11-609;   R.S.1943, § 10-610;   Laws 1969, c. 51, § 12, p. 280.
NE Code § 10-611 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-611 - Precinct refunding bonds; payable to bearer; delivery; sale; price.

10-611.  Precinct refunding bonds; payable to bearer; delivery; sale; price.The said bonds shall be payable to bearer and may be delivered either to the holders and owners of the judgments for the payment of which they are issued, or may be sold under the direction of the county board and delivered to the purchasers and the proceeds used to pay the judgments; but the said funding bonds shall not be sold for less than their par value.Source   Laws 1901, c. 10, § 4, p. 62;   R.S.1913, § 434;   C.S.1922, § 351;   C.S.1929, § 11-610;   R.S.1943, § 10-611.
NE Code § 10-612 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-612 - Precinct refunding bonds; payment; tax levy.

10-612.  Precinct refunding bonds; payment; tax levy.For the purpose of meeting the indebtedness evidenced by the said funding bonds the county board shall cause to be annually levied upon all the real and personal property within the precinct or within the limits of the former or de facto precinct against which the said bonds have been adjudged to be a liability, a tax sufficient to pay the annual interest upon the said funding bonds, and not less than five percent of the principal, for the purpose of creating a sinking fund to pay the principal at maturity, and at the tax levy preceding the maturity of such bonds shall levy an amount sufficient to pay the principal and the remaining interest due on said bonds.Source   Laws 1901, c. 10, § 5, p. 62;   R.S.1913, § 435;   C.S.1922, § 352;   C.S.1929, § 11-611;   R.S.1943, § 10-612.
NE Code § 10-615 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-615 - Refunding bonds; sanitary and improvement district; road improvement district; fire protection district; issuance; conditions.

10-615.  Refunding bonds; sanitary and improvement district; road improvement district; fire protection district; issuance; conditions.Any sanitary and improvement district, any road improvement district, and any fire protection district in the State of Nebraska which has issued or which will issue bonds for any purpose, and such bonds or any part of such bonds are unpaid, are a legal liability against such district, and are bearing interest, may issue refunding bonds with which to call and redeem all or any part of such outstanding bonds at or before the maturity or the redemption date of such bonds, may include various series and issues of the outstanding bonds in a single issue of refunding bonds, and may issue refunding bonds to pay any redemption premium and interest to accrue and become payable on the outstanding bonds being refunded or refunding bonds issued. The refunding bonds may be issued and delivered at any time prior to the date of maturity or the redemption date of the bonds to be refunded that the governing body or the administrator determines to be in the best interest of any such district. The proceeds derived from the sale of the refunding bonds issued pursuant to this section may be invested in obligations of or guaranteed by the United States Government pending the time the proceeds are required for the purpose for which such refunding bonds were issued. To further secure the refunding bonds, any such district may enter into a contract with any bank or trust company, within or without the state, with respect to the safekeeping and application of the proceeds of the refunding bonds and the safekeeping and application of the earnings on the investment of such proceeds. Any outstanding bonds, which shall have been called for redemption and which have sufficient funds or obligations of or guaranteed by the United States Government set aside in safekeeping to be applied for the complete payment of such bonds, interest on such bonds, and redemption premium, if any, on the redemption date, shall not be considered as outstanding and unpaid, and such bonds shall be fully secured by and be payable from such funds or obligations so deposited. Each new refunding bond so issued shall state on the bond (1) the object of its issue, (2) this section of the law under which such issue was made, including a statement that the issue is made pursuant to such section, and (3) the date and principal amount of the bond or bonds for which the refunding bonds are being issued.Source  Laws 1987, LB 623, § 1.
NE Code § 10-616 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-616 - Refunding bonds; issuance by annexing city or village.

10-616.  Refunding bonds; issuance by annexing city or village.Any city or village which has annexed all or part of any sanitary and improvement district, any road improvement district, or any fire protection district and has become legally liable for the bonds or warrants of the district or any part thereof shall also be authorized to exercise the powers set forth in section 10-615 with respect to such bonds or to issue refunding bonds upon such terms as the governing body shall deem appropriate to call and redeem such warrants at or before maturity.Source  Laws 1987, LB 623, § 2.
NE Code § 10-617 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-617 - Refunding bonds; construction of sections.

10-617.  Refunding bonds; construction of sections.Sections 10-615 and 10-616 shall be deemed to provide an additional, alternative, and complete method for doing the things authorized in such sections, shall be deemed and construed to be supplemental and additional to the powers conferred by any other laws, and shall not be regarded to be in degradation of any powers existing on April 7, 1987, except that insofar as sections 10-615 and 10-616 are inconsistent with any other law or home rule charter, such sections shall be controlling.Source  Laws 1987, LB 623, § 3.
NE Code § 10-701 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-701 - Issuance; purposes; power of district officers.

10-701.  Issuance; purposes; power of district officers.The district officers of any school district in Nebraska shall have power, on the terms and conditions set forth in sections 10-702 to 10-716, to issue the bonds of the district for the purpose of (1) purchasing a site for and erecting thereon a schoolhouse or schoolhouses or a teacherage or teacherages, or for such purchase or erection, or purchasing an existing building or buildings for use as a schoolhouse or schoolhouses, including the site or sites upon which such building or buildings are located, and furnishing the same, in such district, (2) retiring registered warrants, and (3) paying for additions to or repairs for a schoolhouse or schoolhouses or a teacherage or teacherages.Source   Laws 1879, § 1, p. 170;   R.S.1913, § 447;   C.S.1922, § 365;   C.S.1929, § 11-901;   R.S.1943, § 10-701;   Laws 1949, c. 13, § 1, p. 75;   Laws 1951, c. 15, § 1, p. 93;   Laws 1969, c. 49, § 1, p. 266. Annotations  Procedure for issuance of bonds by school district is authorized. State ex rel. School Dist. v. Board of Equalization, 166 Neb. 785, 90 N.W.2d 421 (1958). Posted notices of election to vote school bonds is sufficient in districts of less than one hundred fifty pupils. Union P. R. R. Co. v. School Dist. No. 9, of Merrick County, 114 Neb. 578, 208 N.W. 738 (1926). Prior to 1879, upon division of school district which was subject to bonded indebtedness, territory detached from district was liable for its proportionate share of indebtedness. Manahan v. Adams County, 77 Neb. 829, 110 N.W. 860 (1906). Where every voter then in the district was present at school meeting at which bonds were voted, lack of request for calling of special meeting and want of notice did not invalidate bonds. State ex rel. Hopper v. School Dist. No. 13 of Webster County, 13 Neb. 466, 14 N.W. 382 (1882).
NE Code § 10-703 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-703 - Issuance; election; resolution of board; petition; form; content; exception.

10-703.  Issuance; election; resolution of board; petition; form; content; exception.A vote shall be ordered upon the issuance of such bonds, either (1) upon resolution of a majority of the members of the school board or board of education, or (2) whenever a petition shall be presented to the district board suggesting that a vote be taken for or against the issuing of such amount of bonds as may therein be asked for (a) to purchase a site for or build a schoolhouse or schoolhouses or a teacherage or teacherages, or to purchase an existing building or buildings for use as a schoolhouse or schoolhouses, including the site or sites upon which such building or buildings are located, (b) for furnishing the necessary furniture and apparatus for the same, (c) for retiring registered warrants, (d) for paying for additions to or repairs for a schoolhouse or schoolhouses or a teacherage or teacherages, or (e) for all of these purposes, which petition shall be signed by at least ten percent of the qualified voters of such district.Source   Laws 1879, § 3, p. 171;   Laws 1887, c. 75, § 1, p. 596;   R.S.1913, § 449;   C.S.1922, § 367;   C.S.1929, § 11-903;   R.S.1943, § 10-703;   Laws 1949, c. 13, § 3, p. 75;   Laws 1969, c. 49, § 2, p. 267. Annotations  This section does not apply to school district of Lincoln. State ex rel. School Dist. of the City of Lincoln v. Barton, 91 Neb. 357, 136 N.W. 22 (1912). School board is without power to call an election to issue bonds for any purpose not suggested in petition signed by the necessary number of electors of district. Allen v. School Dist. Nos. 19 and 41, Joint, of Buffalo and Hall Counties, 89 Neb. 205, 130 N.W. 1050 (1911). Petition to call election is condition precedent to issuance of bonds, and decision of board on sufficiency of petition is not conclusive but is a judicial question cognizable by the courts. Fullerton v. School Dist. of the City of Lincoln, 41 Neb. 593, 59 N.W. 896 (1894). Bonds may be issued for either one or all of the purposes stated in this section. School Dist. No. 11, of Dakota County v. Chapman, 152 F. 887 (8th Cir. 1907).
NE Code § 10-705 (2021)
2021 Nebraska Revised Statutes|Chapter 10 - Bonds|10-705 - Terms; rate of interest.

10-705.  Terms; rate of interest.The bonds issued under sections 10-701 to 10-716 shall draw such interest as shall be agreed upon.Source   Laws 1879, § 6, p. 171;   Laws 1907, c. 130, § 1, p. 430;   R.S.1913, § 452;   C.S.1922, § 369;   C.S.1929, § 11-905;   R.S.1943, § 10-705;   Laws 1969, c. 51, § 14, p. 282.