Nebraska § 77-1311.01 - Valuation of property; rounding numbers.
Full text of Nebraska Revised Statutes of Nebraska § 77-1311.01 — Valuation of property; rounding numbers., with citation guidance and answers to common questions.
§ 77-1311.01. Valuation of property; rounding numbers.
The county assessor may, in extending a value on any item of real property, reject all values that fall below two dollars and fifty cents and extend all values of two dollars and fifty cents or more to the next higher five dollars or multiples thereof, making all valuations end in zero or five.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 77-1311.01
What does Revised Statutes of Nebraska § 77-1311.01 cover?
Section 77-1311.01 ("Valuation of property; rounding numbers.") 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 § 77-1311.01?
A common citation format is "Revised Statutes of Nebraska § 77-1311.01" (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 § 77-1311.01 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.