Nebraska Statutes 13-1310. Commission; obligations; state, county, or city; not liable
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The bonds, notes, obligations or liabilities of a commission shall not be a debt of the State of Nebraska or of the city or county for which the commission is established and neither the state, city, nor the county shall be liable thereon or therefor, nor shall such bonds, notes, obligations or liabilities be payable out of any money other than the money of the commission issuing or incurring the same.
Terms Used In Nebraska Statutes 13-1310
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801