Nebraska § 58-254 - Authority; bond issuance; general obligation; how paid and secured.
Full text of Nebraska Revised Statutes of Nebraska § 58-254 — Authority; bond issuance; general obligation; how paid and secured., with citation guidance and answers to common questions.
§ 58-254. Authority; bond issuance; general obligation; how paid and secured.
Unless otherwise expressly provided by the authority, every issue of its bonds shall be general obligations of the authority payable solely out of any revenue or money of the authority, subject only to any agreements with the holders of particular bonds pledging any particular money or revenue. The bonds may be additionally secured by a pledge of any grant or contribution from the federal government or any corporation, association, institution, or person or a pledge of any money, income, or revenue of the authority from any source.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 58-254
What does Revised Statutes of Nebraska § 58-254 cover?
Section 58-254 ("Authority; bond issuance; general obligation; how paid and secured.") 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 § 58-254?
A common citation format is "Revised Statutes of Nebraska § 58-254" (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 § 58-254 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.