Subject to such agreements with bondholders as then exist, the authority may, out of any funds available therefor, purchase bonds of the authority which shall thereupon be canceled at any reasonable price which, if the bonds are then redeemable, shall not exceed the redemption price then applicable plus accrued interest to the next interest payment on such bonds.
Neb. Rev. Stat. § 58-259
Authority; purchase bonds of authority; canceled; price
Laws 1983, LB 626, § 59; Laws 1991, LB 253, § 58.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.