Nebraska § 18-3416 - Taxes or special assessments; lien or claim; discharge and extinguishment; procedure; remit payments to county treasurer.
Full text of Nebraska Revised Statutes of Nebraska § 18-3416 — Taxes or special assessments; lien or claim; discharge and extinguishment; procedure; remit payments to county treasurer., with citation guidance and answers to common questions.
§ 18-3416. Taxes or special assessments; lien or claim; discharge and extinguishment; procedure; remit payments to county treasurer.
(1) Whenever any real property is acquired by a land bank and is encumbered by a lien or claim for real property taxes or special assessments owed to one or more political subdivisions of the state, the land bank may, by resolution of the board, discharge and extinguish any and all such liens or claims, except that no lien or claim represented by a tax sale certificate held by a private third party shall be discharged or extinguished pursuant to this section. To the extent necessary and appropriate, the land bank shall file in appropriate public records evidence of the extinguishment and dissolution of such liens or claims.
(2) To the extent that a land bank receives payments of any kind attributable to liens or claims for real property taxes or special assessments owed to a political subdivision on property acquired by the land bank, the land bank shall remit the full amount of the payments to the county treasurer of the county that levied such taxes or special assessments for distribution to the appropriate taxing entity.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 18-3416
What does Revised Statutes of Nebraska § 18-3416 cover?
Section 18-3416 ("Taxes or special assessments; lien or claim; discharge and extinguishment; procedure; remit payments to county treasurer.") 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 § 18-3416?
A common citation format is "Revised Statutes of Nebraska § 18-3416" (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 § 18-3416 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.