Nebraska Revised Statutes

Neb. Rev. Stat. § 58-519 (2026)

Bonds; presumption of validity

✓ current as of July 2026
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In any suit, action, or proceedings involving the validity or enforceability of any bond of a contracting public body or the security therefor brought after the lapse of thirty days after the bonds are issued, any such bond reciting in substance that it has been issued by the contracting public body to aid in financing a redevelopment project shall be conclusively deemed to have been issued 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 Nebraska Redevelopment Act.

Notes of Decisions
Cited in 3 cases, 2019–2019 · 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 3× “§§ 18-2424 and 18-2434 (Reissue 2012) ; Neb. Rev. Stat. § 58-519 (Reissue 2010) ; Neb.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). · cites it 3× “§§ 18-2424 and 18-2434 (Reissue 2012); Neb. Rev. Stat. § 58-519 (Reissue 2010); Neb.”
Salem Grain Co. v. City of Falls City, 302 Neb. 548 (Neb. 2019). · cites it 3× “§§ 18-2424 and 18-2434 (Reissue 2012); Neb. Rev. Stat. § 58-519 (Reissue 2010); Neb.”
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