Nebraska § 18-818 - Revenue bonds; securities.
Full text of Nebraska Revised Statutes of Nebraska § 18-818 — Revenue bonds; securities., with citation guidance and answers to common questions.
§ 18-818. Revenue bonds; securities.
(1) Revenue bonds issued by a regional metropolitan transit authority under the Regional Metropolitan Transit Authority Act are hereby made securities in which (a) the state and all its political subdivisions and their officers, boards, commissions, departments, or other agencies, (b) all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies, insurance associations, and other persons carrying on an insurance business, (c) all administrators, executors, guardians, trustees, and other fiduciaries, and (d) all other persons whatsoever who now are or may hereafter be authorized to invest in bonds or other obligation of the state, may properly and legally invest any funds, including capital belonging to them or within their control.
(2) Such revenue bonds or other securities or obligations are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency of the state for any purpose for which the deposit of bonds or other obligations of the state is authorized by law.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 18-818
What does Revised Statutes of Nebraska § 18-818 cover?
Section 18-818 ("Revenue bonds; securities.") 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 § 18-818?
A common citation format is "Revised Statutes of Nebraska § 18-818" (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 § 18-818 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.