(1) The investment program shall maintain a debt service coverage ratio consistent with prudent fiscal standards and bond covenants. (2) No obligation shall be issued that would cause the debt or liability of the investment program to exceed available pledged revenue.
Neb. Rev. Stat. § 39-2927
Debt service coverage ratio; requirements
Laws 2026, LB1126, § 27
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.