Neb. Rev. Stat. § 16-721

This is the official text of Neb. Rev. Stat. § 16-721, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

View Statute 16-721

Official statutory text

Each fund created under Chapter 16 shall be strictly devoted to the purpose for which it was created and shall not be diverted therefrom. When the city council by a three-fourths vote of the members thereof shall declare the expenditure of any fund for the purpose for which it was created to be unwise and impracticable or where the purpose thereof has been fully accomplished and the whole fund or an unexpired balance thereof remains, and no indebtedness has been incurred on account of such fund which has not been fully paid, such fund may be transferred to any other fund of the city by the affirmative vote of three-fourths of all the members of the city council.

Laws 1901, c. 18, § 92, p. 296;

Laws 1903, c. 19, § 18, p. 247;

R.S.1913, § 4987;

C.S.1922, § 4156;

C.S.1929, § 16-718;

R.S.1943, § 16-721;

Laws 2016, LB704, § 188.

Status: in_force · Read it on the official government site

Need a lawyer in Nebraska?

Find a Nebraska lawyer

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.