Nebraska § 70-1818 - Creation of mandated project bond issuer; procedure; board of directors.

Full text of Nebraska Revised Statutes of Nebraska § 70-1818 — Creation of mandated project bond issuer; procedure; board of directors., with citation guidance and answers to common questions.

§ 70-1818. Creation of mandated project bond issuer; procedure; board of directors.

A public entity may create, by a duly adopted resolution of its governing body, a mandated project bond issuer. A mandated project bond issuer is a body politic and corporate, not an agency of the state but an independent instrumentality exercising essential public functions, and has the powers and duties set forth in section 70-1819. The chairperson of the governing body of the creating public entity shall appoint a three-person board of directors from among the governing body's members, and such board of directors shall govern the mandated project bond issuer.

Source: official Nebraska text · Last verified 2026-08-27

Frequently Asked Questions About Nebraska § 70-1818

What does Revised Statutes of Nebraska § 70-1818 cover?

Section 70-1818 ("Creation of mandated project bond issuer; procedure; board of directors.") 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 § 70-1818?

A common citation format is "Revised Statutes of Nebraska § 70-1818" (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 § 70-1818 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.