Nebraska § 72-2305 - Public buildings, recreational facilities, drainage, streets, and roads; bonds; amount authorized.
Full text of Nebraska Revised Statutes of Nebraska § 72-2305 — Public buildings, recreational facilities, drainage, streets, and roads; bonds; amount authorized., with citation guidance and answers to common questions.
§ 72-2305. Public buildings, recreational facilities, drainage, streets, and roads; bonds; amount authorized.
For joint projects described in subdivision (2)(a) of section 72-2303, the principal amount of bonds which may be issued by a qualified public agency under the Public Facilities Construction and Finance Act shall not exceed five million dollars as to the total principal amount of such bonds which may be outstanding at any time, and the annual amounts due by reason of such bonds from each qualified public agency shall not exceed five percent of the total revenue from all sources of the obligated qualified public agency in the year prior to issuance. The principal amount of bonds of qualified public agencies in the aggregate issued for any one such joint project shall not exceed five million dollars.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 72-2305
What does Revised Statutes of Nebraska § 72-2305 cover?
Section 72-2305 ("Public buildings, recreational facilities, drainage, streets, and roads; bonds; amount authorized.") 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 § 72-2305?
A common citation format is "Revised Statutes of Nebraska § 72-2305" (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 § 72-2305 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.