Nebraska § 14-1823 - Metropolitan transit authority; transportation system; modernization; depreciation policy.
Full text of Nebraska Revised Statutes of Nebraska § 14-1823 — Metropolitan transit authority; transportation system; modernization; depreciation policy., with citation guidance and answers to common questions.
§ 14-1823. Metropolitan transit authority; transportation system; modernization; depreciation policy.
It shall be the duty of the board, as promptly as possible, to rehabilitate, reconstruct, and modernize all portions of any transportation system acquired, and to maintain at all times an adequate and modern transportation system suitable and adapted to the needs of the county, city, or village served by the authority, and for safe, comfortable, convenient, and expeditious service. To assure modern, attractive transportation service the board may establish a depreciation policy which makes provision for the continuous and prompt replacement of worn out and obsolete property and the board may make provision for such depreciation of the property of the authority as is not offset by current expenditures for maintenance, repairs, and replacements, under such rules and regulations as may be prescribed by the board.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 14-1823
What does Revised Statutes of Nebraska § 14-1823 cover?
Section 14-1823 ("Metropolitan transit authority; transportation system; modernization; depreciation policy.") 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 § 14-1823?
A common citation format is "Revised Statutes of Nebraska § 14-1823" (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 § 14-1823 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.