48-3217. Adoption of resolution; trust
agreement
For the purpose of this article, the board of directors of any district by
affirmative vote of a majority of its members may adopt a resolution relating to the
exercise of the powers granted by this article and to any other matters necessary to
effectuate the full intent and purpose of this article. In the discretion of the board
of directors, any bond issued pursuant to this article may also be secured by a trust
agreement by and between the district and one or more corporate trustees or fiscal
agents, which may be any trust company or bank having the powers of a trust company
within or without this state. Any such resolution adopted is effective on its adoption
unless otherwise specified therein. Written notice of any meeting of the board for the
purpose of taking action under this section shall be sent to all members of the board by
certified mail at least ten days before the date of such meeting.
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