Nebraska Statutes

§ 21-1339 — Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized

Nebraska·Ch. 21 Corporations and Other Companies
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.

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Nebraska § 21-1339 (Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1941, c. 38, § 7, p. 155; C.S.Supp.,1941, § 24-2107; R.S.1943, § 21-1339; Laws 1991, LB 237, § 55.

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