Nebraska Revised Statute 14-812
City property; exemption from taxation, execution; judgments, how paid.
Lands, houses, money, debts due the city, and property, and assets of every description belonging to any metropolitan city, shall be exempt from taxation, execution, and sale. Judgments against the said city shall be paid out of the judgment fund, or out of a special fund created for the purpose.
- Laws 1921, c. 116, art. VII, § 12, p. 512;
- C.S.1922, § 3720;
- C.S.1929, § 14-812;
- R.S.1943, § 14-812.
- Constitutional provisions:
- For constitutional provisions, see Article VIII, section 2, Constitution of Nebraska.
Municipal waterworks of Omaha is not taxable. City of Omaha v. Douglas County, 96 Neb. 865, 148 N.W. 938 (1914).
Term "special fund" refers to a levy made for payment of specific judgments when general levy is insufficient. City of Omaha v. State ex rel. Metzger, 69 Neb. 29, 94 N.W. 979 (1903).