There Is a Newer Version
of
this Statute
2021 Nebraska Revised Statutes
Chapter 21 - Corporations and Other Companies
21-1339 - Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized.
Universal Citation:
NE Code § 21-1339 (2021)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
21-1339. Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized.
Obligations of a cooperative farm land company secured by a first mortgage on agricultural lands purchased by a cooperative farm land company shall be a lawful investment for funds of any insurance company which has conveyed real estate to the company to the full extent of the purchase price.
Source
- Laws 1941, c. 38, § 7, p. 155;
- C.S.Supp.,1941, § 24-2107;
- R.S.1943, § 21-1339;
- Laws 1991, LB 237, § 55.
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.