The investment program may issue any refunding or advance refunding obligation to retire outstanding debt, reduce debt service, restructure any maturity, or achieve savings. Any such refunding shall not extend any final maturity beyond the useful life of the financed asset.
Neb. Rev. Stat. § 39-2931
Refunding or advance refunding obligation; authorized; limitation
Laws 2026, LB1126, § 31
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.