Nebraska § 70-1803 - Financing costs, defined.
Full text of Nebraska Revised Statutes of Nebraska § 70-1803 — Financing costs, defined., with citation guidance and answers to common questions.
§ 70-1803. Financing costs, defined.
Financing costs means:
(1) Interest, including, but not limited to, capitalized interest, and redemption premiums that are payable on mandated project bonds;
(2) The cost of retiring or refunding a public entity's existing debt in connection with the issuance of mandated project bonds, but only to the extent the debt was issued for the purposes of financing mandated project costs;
(3) Any cost related to the issuing and servicing of mandated project bonds, whether issued by a public entity or by a mandated project bond issuer, including, but not limited to, servicing fees, trustee fees, legal fees, administrative fees, bond counsel fees, bond placement or underwriting fees, remarketing fees, broker dealer fees, payments under an interest rate swap agreement, financial advisor fees, accounting or engineering report fees, and rating agency fees;
(4) Any expense associated with any bond insurance policy, credit enhancement, or other financial arrangement entered into in connection with the issuance of mandated project bonds; and
(5) The funding of one or more reserve accounts related to mandated project bonds.
Frequently Asked Questions About Nebraska § 70-1803
What does Revised Statutes of Nebraska § 70-1803 cover?
Section 70-1803 ("Financing costs, defined.") 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 § 70-1803?
A common citation format is "Revised Statutes of Nebraska § 70-1803" (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 § 70-1803 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.