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Code · Nebraska · Chapter 66 — Oils, Fuels, and Energy

66-1066. Energy financing contract; terms.

67 words·~1 min read·/ne/chapter-66/66-1066

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An energy financing contract may extend beyond the fiscal year in which it becomes effective and shall allow the governmental unit to cancel the contract for the nonappropriation of funds. An obligation created by an energy financing contract entered into or indebtedness incurred pursuant to this section shall not constitute or give rise to an indebtedness within the meaning of any constitutional, statutory, or board debt limitation.
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