Neb. Rev. Stat. § 18-502

This is the official text of Neb. Rev. Stat. § 18-502, 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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View Statute 18-502

Official statutory text

For the purpose of owning, operating, constructing, and equipping a sewage disposal plant or sewerage system or improving or extending such existing system as provided in section 18-501 , a city or village may issue revenue bonds therefor. Such revenue bonds, as provided in this section, shall not impose any general liability upon the city or village but shall be secured only by the revenue of such utility as provided in section 18-504 . Such revenue bonds shall be sold for not less than par and bear interest at a rate set by the governing body. The amount of such revenue bonds, either issued or outstanding, shall not be included in computing the maximum amount of bonds which such city or village may be authorized to issue under its charter or any statute of this state.

Laws 1933, c. 146, § 2, p. 561;

Laws 1937, c. 41, § 2, p. 180;

C.S.Supp.,1941, § 18-1402;

R.S.1943, § 18-502;

Laws 1957, c. 40, § 1, p. 214;

Laws 1969, c. 51, § 62, p. 311;

Laws 2021, LB163, § 31.

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.