{"data":{"id":"us-ne/neb.-rev.-stat.-14-365.04","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 14-365.04","heading":"Neb. Rev. Stat. § 14-365.04","body":"Bonds which are issued and secured by a mortgage on the utility, as provided in section 14-365.02 , shall not be a general obligation of the city, but shall be paid only out of the revenue received from the service charges, as provided in section 14-365.03 , or from a sale of the property and the franchise, referred to in section 14-365.02 , to operate the system, under a foreclosure proceeding. If a service rate or charge is charged, such portion of such rate or charge as may be deemed sufficient shall be set aside as a sinking fund for the payment of the interest on such bonds and the principal of such bonds at maturity.","path":["NE Code","Chapter 14"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=14-365.04","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"ce0dcf48b3f600c10231e6d2a8547a1f31f4744e93d4d32520975fbe2ae1f412","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-14-365.03","next":"us-ne/neb.-rev.-stat.-14-365.05"},"notice":"GroundRules: Original legal text. Not legal advice."}