Nebraska § 16-215 - Bonds; sinking fund; authorized; tax to retire bonds.
Full text of Nebraska Revised Statutes of Nebraska § 16-215 — Bonds; sinking fund; authorized; tax to retire bonds., with citation guidance and answers to common questions.
§ 16-215. Bonds; sinking fund; authorized; tax to retire bonds.
A city of the first class may make provision for a sinking fund to pay accruing interest and to pay at maturity the principal of the bonded indebtedness of the city, levy and collect taxes on all the taxable property in the city, in addition to other taxes, for the purpose of paying the same, and provide that the tax shall be paid in cash.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 16-215
What does Revised Statutes of Nebraska § 16-215 cover?
Section 16-215 ("Bonds; sinking fund; authorized; tax to retire bonds.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 16-215?
A common citation format is "Revised Statutes of Nebraska § 16-215" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 16-215 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.