Nebraska § 58-252 - Authority; borrow money and issue bonds; purposes.
Full text of Nebraska Revised Statutes of Nebraska § 58-252 — Authority; borrow money and issue bonds; purposes., with citation guidance and answers to common questions.
§ 58-252. Authority; borrow money and issue bonds; purposes.
The authority may borrow money and issue from time to time its bonds in such principal amounts as the authority determines necessary to provide sufficient funds to carry out its purposes which include:
(1) Carrying out the additional powers of the Nebraska Investment Finance Authority Act;
(2) The payment of interest on bonds issued under the act;
(3) The establishment of reserves to secure the bonds in an amount not to exceed twenty-five percent of the aggregate principal amount of the particular issue of bonds; and
(4) All other expenditures of the authority incident to and necessary and convenient to carry out its purposes and powers.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 58-252
What does Revised Statutes of Nebraska § 58-252 cover?
Section 58-252 ("Authority; borrow money and issue bonds; purposes.") 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 § 58-252?
A common citation format is "Revised Statutes of Nebraska § 58-252" (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 § 58-252 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.