2013 Nebraska Revised Statutes
Chapter 58 - MONEY AND FINANCING
58-861 - Nebraska Health Education Assistance Loan Program; bonds; security.


NE Code § 58-861 (2013) What's This?

58-861. Nebraska Health Education Assistance Loan Program; bonds; security.

Notwithstanding section 58-843, the principal of and interest on any bonds issued by the authority for the Nebraska Health Education Assistance Loan Program shall be secured by a pledge of the revenue and other money out of which such principal and interest shall be made payable and may be secured by a trust indenture, mortgage, or deed of trust, including an assignment of a loan or contract right of the authority pursuant to a loan, covering all or any part of a loan from which the revenue or receipts so pledged may be derived.

Source

    Laws 1983, LB 159, § 11;
    R.S.1943, (1994), § 79-2958;
    Laws 1995, LB 5, § 58;
    R.S.1943, (2008), § 85-1758;
    Laws 2013, LB170, § 61.
    Effective Date: September 6, 2013


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