Nebraska § 85-1523 - Revenue bond proceeds; use; board; establish charges.
Full text of Nebraska Revised Statutes of Nebraska § 85-1523 — Revenue bond proceeds; use; board; establish charges., with citation guidance and answers to common questions.
§ 85-1523. Revenue bond proceeds; use; board; establish charges.
The proceeds of revenue bonds provided for in section 85-1515, 85-1520, or 85-1521 shall be used solely for the purpose for which the bonds are issued and for the expenses of issuing such bonds. The board shall establish and maintain a schedule of rates, fees, or charges for the use of the facilities constructed or acquired by the issuance of revenue bonds and other facilities controlled by the board, the revenue of which, in whole or in part, is pledged to the holder of the bonds, which shall be in an amount at least sufficient, on the amortization plan, to pay the operating and maintenance charges of the facilities and the principal and interest representing the indebtedness against the income and revenue therefrom.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 85-1523
What does Revised Statutes of Nebraska § 85-1523 cover?
Section 85-1523 ("Revenue bond proceeds; use; board; establish charges.") 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 § 85-1523?
A common citation format is "Revised Statutes of Nebraska § 85-1523" (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 § 85-1523 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.