Nebraska § 10-612 - Precinct refunding bonds; payment; tax levy.
Full text of Nebraska Revised Statutes of Nebraska § 10-612 — Precinct refunding bonds; payment; tax levy., with citation guidance and answers to common questions.
§ 10-612. Precinct refunding bonds; payment; tax levy.
For the purpose of meeting the indebtedness evidenced by the said funding bonds the county board shall cause to be annually levied upon all the real and personal property within the precinct or within the limits of the former or de facto precinct against which the said bonds have been adjudged to be a liability, a tax sufficient to pay the annual interest upon the said funding bonds, and not less than five percent of the principal, for the purpose of creating a sinking fund to pay the principal at maturity, and at the tax levy preceding the maturity of such bonds shall levy an amount sufficient to pay the principal and the remaining interest due on said bonds.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 10-612
What does Revised Statutes of Nebraska § 10-612 cover?
Section 10-612 ("Precinct refunding bonds; payment; tax levy.") 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 § 10-612?
A common citation format is "Revised Statutes of Nebraska § 10-612" (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 § 10-612 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.