In issuing revenue bonds pursuant to section 85-1515 or sections 85-1520 to 85-1527 , the board issuing such bonds shall be a governmental subdivision and instrumentality of the State of Nebraska and all bonds issued under the authority of such sections, together with interest on such bonds, shall be wholly exempt from taxation.
Neb. Rev. Stat. § 85-1526
Bonds; interest; exempt from taxation
Laws 1987, LB 329, § 9; R.S.1943, (1987), § 79-2650.14; Laws 1993, LB 239, § 48.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.