Nebraska Statutes 72-259.07. School lands; adjacent to city of the first or second class; sale; taxes; when
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The lands included in the territory so annexed shall not be subject to any taxes or special assessments so long as the same remain the property of the state, but upon sale and delivery of a deed by the state to the purchaser the lands so conveyed shall forthwith be placed upon the tax list and shall be included in the next annual assessment.
Terms Used In Nebraska Statutes 72-259.07
- Deed: The legal instrument used to transfer title in real property from one person to another.
- 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