10-301. Power and duty of political subdivisions.Any county, precinct, township or town, city, village or school district is hereby authorized and required to compromise its indebtedness in the manner hereinafter provided.Source Laws 1903, c. 10, § 1, p. 63; R.S.1913, § 400; C.S.1922, § 317; C.S.1929, § 11-301; R.S.1943, § 10-301.
Nebraska Legal Code