When any city of the first class is declared a city of the primary class pursuant to section 15-102, all trusts, rights, and privileges of such city of the first class shall be transmitted to and be invested in such city of the primary class.

Source: Laws 1901, c. 16, § 8, p. 73; R.S.1913, § 4411; C.S.1922, § 3787; C.S.1929, § 15-108; R.S.1943, § 15-108; Laws 2020, LB1003, § 12.