Nebraska Revised Statute 58-255

Chapter 58

58-255.

Authority; bond issuance; state; no obligation; statement.

No bonds issued by the authority under the Nebraska Investment Finance Authority Act shall constitute a debt, liability, or general obligation of this state or a pledge of the faith and credit of this state but shall be payable solely as provided by section 58-254. Each bond issued under the act shall contain on the face of such bond a statement that neither the faith and credit nor the taxing power of this state is pledged to the payment of the principal of or the interest on such bond.

Source

  • Laws 1983, LB 626, § 55;
  • Laws 1991, LB 253, § 55.