46-191. Discontinuance of district; obligations incurred after April 8, 1903; subject to redemption upon discontinuance.In all cases where bonds and other obligations of irrigation districts were issued after April 8, 1903, such bonds and obligations shall become subject to redemption by the board of directors of any irrigation district, as soon as the property and franchise of such district shall be sold after such district has elected to discontinue as a district, as herein provided.Source Laws 1903, c. 123, § 1, p. 629; R.S.1913, § 3521; C.S.1922, § 2921; C.S.1929, § 46-166; R.S.1943, § 46-191.
Nebraska Legal Code