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2019 Nebraska Revised Statutes
Chapter 58 - MONEY AND FINANCING
58-243 Authority; agricultural projects; powers.
Universal Citation: NE Code § 58-243 (2019)
58-243. Authority; agricultural projects; powers.
Prior to exercising any of the powers conferred by the Nebraska Investment Finance Authority Act regarding agricultural projects as defined in subdivision (2) of section 58-219, the authority may, but need not:
(1) Require that the loan involved be insured by a loan insurer or be guaranteed by a loan guarantor;
(2) Require any type of security that it deems reasonable and necessary; or
(3) Authorize the reservation of funds by lenders in such amount and subject to such conditions as the authority considers reasonable and necessary.
Source
- Laws 1983, LB 626, § 43;
- Laws 1991, LB 253, § 44.
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