United States — Nebraska
§ 13-2524. Bankruptcy petition; authorized.
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A joint public agency may file a bankruptcy petition and may pay expenses for carrying out a debt-adjustment plan connected to that petition.
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United States — Nebraska
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A joint public agency may file a bankruptcy petition and may pay expenses for carrying out a debt-adjustment plan connected to that petition.
United States — Nebraska
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Joint public agencies must file a biennial report with the Secretary of State on the prescribed form and pay the required filing fee.
United States — Nebraska
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A joint public agency must follow the bidding rules for one agency type if all participating agencies are the same type; otherwise it must follow the County Purchasing Act bidding requirements.
United States — Nebraska
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The joint public agency may pay money only by written instruments signed by required officers, and the treasurer’s signing authorization must be in writing and filed with the secretary.
United States — Nebraska
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Some agreements must be submitted to the relevant state officer or agency and cannot take effect until that officer or agency approves or disapproves them within its jurisdiction.
United States — Nebraska
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A public agency that enters a Joint Public Agency Act agreement may use funds and may provide goods, services, or personnel to the joint undertaking.
United States — Nebraska
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Joint public agencies may issue bonds and, for public safety communication projects, may also use a financing agreement with the Nebraska Investment Finance Authority.
United States — Nebraska
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A joint public agency may issue bonds, and for bonds issued on or after April 18, 2018, a vote is required before issuance.
United States — Nebraska
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Bond signers are shielded from personal liability, and the bonds are payable only from the issuing joint public agency’s funds or property.
United States — Nebraska
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The board must authorize bonds by resolution, and bonds may be issued under a resolution, indenture, or other security instrument. Authorized officers may use a facsimile signature.
United States — Nebraska
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Bonds and attached interest coupons are generally fully negotiable, and the issuing board may allow public or private sale and set the sale price.
United States — Nebraska
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If officers sign bonds or coupons and later leave office before delivery, the signatures still count as valid and sufficient.
United States — Nebraska
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A joint public agency may make covenants and take related actions when issuing its bonds.
United States — Nebraska
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A joint public agency may issue and sell refunding bonds to pay off its bonds before maturity, acceleration, or redemption.
United States — Nebraska
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Refunding bond sale proceeds must be put in trust for paying the refunded bonds, related interest, premiums, and refunding expenses, with limited rules for surplus and trust fund investments.
United States — Nebraska
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Refunding bonds may be exchanged for other bonds, and the board may choose the principal amount in its discretion.
United States — Nebraska
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Refunding bonds and related details are governed by the Joint Public Agency Act when that Act is applicable.
United States — Nebraska
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Bonds may be issued under the Joint Public Agency Act without needing consent from state departments or other extra proceedings, unless the Act specifically requires them.
United States — Nebraska
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The board may arrange publication of its resolutions or other proceedings in a qualifying newspaper.
United States — Nebraska
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The board may publish a notice of intention to issue bonds instead of publishing the full resolution or proceeding.