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Neb. Rev. Stat. § 14-2141

This is the official text of Neb. Rev. Stat. § 14-2141, part of Nebraska’s Rev. Stat — part of the compiled statutory law of Nebraska, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.

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14-2141

Official statutory text

Metropolitan utilities districts may, when deemed necessary by a resolution of the board of directors, temporarily lend the funds of one utility to the fund of another utility under its control, at the current market rate of interest as determined by the board of directors. In the case of emergency, or for the purpose of short-term financing of extensions, improvements, additions, and capital investments, the district may, by resolution of its board of directors, borrow money, for a term not to exceed five years, but the amount so borrowed shall not exceed ten percent of the depreciated plant value of the utility for which such money is borrowed.

Laws 1921, c. 111, § 4, p. 391;

C.S.1922, § 3778;

C.S.1929, § 14-1104;

Laws 1939, c. 9, § 3, p. 76;

Laws 1941, c. 19, § 1, p. 108;

C.S.Supp.,1941, § 14-1104;

R.S.1943, § 14-1104;

Laws 1953, c. 23, § 2, p. 97;

Laws 1967, c. 48, § 1, p. 180;

R.S.1943, (1991), § 14-1104;

Laws 1992, LB 746, § 41.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.