Nebraska § 18-816 - Revenue bonds or certificates; statement required.
Full text of Nebraska Revised Statutes of Nebraska § 18-816 — Revenue bonds or certificates; statement required., with citation guidance and answers to common questions.
§ 18-816. Revenue bonds or certificates; statement required.
Under no circumstances shall any revenue bonds or certificates issued by a regional metropolitan transit authority or any other obligation of such authority be or become an indebtedness or obligation of the State of Nebraska, or of any other political subdivision or body corporate and politic or of any municipality within the state, nor shall any such revenue bond, certificate, or obligation be or become an indebtedness of the authority within the purview of any constitutional limitation or provision, and it shall be plainly stated on the face of each revenue bond and certificate that it does not constitute such an indebtedness or obligation but is payable solely from revenue and income and other sources of revenue of such authority as provided in subsection (3) of section 18-815.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 18-816
What does Revised Statutes of Nebraska § 18-816 cover?
Section 18-816 ("Revenue bonds or certificates; statement required.") 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 § 18-816?
A common citation format is "Revised Statutes of Nebraska § 18-816" (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 § 18-816 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.