Nebraska Revised Statutes

Neb. Rev. Stat. § 18-2142.01 (2026)

Validity and enforceability of bonds and agreements; presumption

✓ current as of July 2026
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(1) In any suit, action, or proceeding involving the validity or enforceability of any bond of a city, village, or authority or the security therefor brought after the lapse of thirty days after the issuance of such bonds has been authorized, any such bond reciting in substance that it has been authorized by the city, village, or authority to aid in financing a redevelopment project shall be conclusively deemed to have been authorized for such purpose and such redevelopment project shall be conclusively deemed to have been planned, located, and carried out in accordance with the purposes and provisions of the Community Development Law.

(2) In any suit, action, or proceeding involving the validity or enforceability of any agreement of a city, village, or authority brought after the lapse of thirty days after the agreement has been formally entered into, any such agreement reciting in substance that it has been entered into by the city, village, or authority to provide financing for an approved redevelopment project shall be conclusively deemed to have been entered into for such purpose and such project shall be conclusively deemed to have been planned, located, and carried out in accordance with the purposes and provisions of the Community Development Law.

Notes of Decisions
Cited in 4 cases, 2009–2019 · leading case: Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019).
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). · cites it 42× “SUPPLEMENTAL BRIEFING After oral argument, the parties were ordered to file supplemental briefs (1) addressing whether Salem Grain brought its lawsuit within the timeframe set forth in § 18-2142.01 and (2) analyzing the impact, if any, of this court's holding in Community Dev.”
Cmty. Dev. Agency v. PRP HOLDINGS, 767 N.W.2d 68 (Neb. 2009). · cites it 15× “The district court determined that under Neb.Rev.Stat. § 18-2142.01(2) (Reissue 1997), PRP should have the TIF funds, and entered summary judgment for PRP.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). · cites it 43× “01 (Reissue 2012) effectively provide that any suit, action, or proceeding brought outside the 30-day period established in § 18-2142.01 will be subject to the con- clusive presumptions required by §§ 18-2129 and 18-2142.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). · cites it 43× “01 (Reissue 2012) effectively provide that any suit, action, or proceeding brought outside the 30-day period established in § 18-2142.01 will be subject to the con- clusive presumptions required by §§ 18-2129 and 18-2142.”
— Neb. Rev. Stat. § 18-2142.01(1) — 3 cases
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). “SUPPLEMENTAL BRIEFING After oral argument, the parties were ordered to file supplemental briefs (1) addressing whether Salem Grain brought its lawsuit within the timeframe set forth in § 18-2142.01 and (2) analyzing the impact, if any, of this court's holding in Community Dev.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). “01 (Reissue 2012) effectively provide that any suit, action, or proceeding brought outside the 30-day period established in § 18-2142.01 will be subject to the con- clusive presumptions required by §§ 18-2129 and 18-2142.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). “01 (Reissue 2012) effectively provide that any suit, action, or proceeding brought outside the 30-day period established in § 18-2142.01 will be subject to the con- clusive presumptions required by §§ 18-2129 and 18-2142.”
— Neb. Rev. Stat. § 18-2142.01(2) — 4 cases
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). “SUPPLEMENTAL BRIEFING After oral argument, the parties were ordered to file supplemental briefs (1) addressing whether Salem Grain brought its lawsuit within the timeframe set forth in § 18-2142.01 and (2) analyzing the impact, if any, of this court's holding in Community Dev.”
Cmty. Dev. Agency v. PRP HOLDINGS, 767 N.W.2d 68 (Neb. 2009). “The district court determined that under Neb.Rev.Stat. § 18-2142.01(2) (Reissue 1997), PRP should have the TIF funds, and entered summary judgment for PRP.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). “01 (Reissue 2012) effectively provide that any suit, action, or proceeding brought outside the 30-day period established in § 18-2142.01 will be subject to the con- clusive presumptions required by §§ 18-2129 and 18-2142.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). “01 (Reissue 2012) effectively provide that any suit, action, or proceeding brought outside the 30-day period established in § 18-2142.01 will be subject to the con- clusive presumptions required by §§ 18-2129 and 18-2142.”
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