{"data":{"id":"us-ne/neb.-rev.-stat.-70-1818","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 70-1818","heading":"Creation of mandated project bond issuer; procedure; board of directors.","body":"A public entity may create, by a duly adopted resolution of its governing body, a mandated project bond issuer. A mandated project bond issuer is a body politic and corporate, not an agency of the state but an independent instrumentality exercising essential public functions, and has the powers and duties set forth in section 70-1819. The chairperson of the governing body of the creating public entity shall appoint a three-person board of directors from among the governing body's members, and such board of directors shall govern the mandated project bond issuer.","path":["Chapter 70 - POWER DISTRICTS AND CORPORATIONS"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=70-1818","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-10-18T06:03:31Z","sha256":"1848e6c586e860bb153939f90cc9e37c3bc93aa574e39a7439cbbc35d657487a","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-70-1817","next":"us-ne/neb.-rev.-stat.-70-1819"},"notice":"GroundRules: Original legal text. Not legal advice."}