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Current as of January 01, 2024 | Updated by Findlaw Staff
Neither the State of Nebraska nor any political subdivision thereof shall:
(1) Limit or restrict the rights and powers granted in sections 14-1201 to 14-1252 to the detriment of owners of outstanding bonds; or
(2) Authorize the construction or itself construct any competing bridge within a distance of one mile on either side of the bridge unless and until all of such bonds, together with the interest on such bonds, have been fully paid and canceled, unless other adequate provisions have been made for the protection and guaranty of such bonds.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 14. Cities of the Metropolitan Class § 14-1225. Bridges; state and political subdivisions; competing bridges; limitations upon, for protection of bondholders - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-14-cities-of-the-metropolitan-class/ne-rev-st-sect-14-1225/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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