Nebraska § 58-243 Authority; agricultural projects; powers

Nebraska Statutes

§ 58-243 — Authority; agricultural projects; powers

Nebraska § 58-243

Ch. 58Money and Financing

This text of Nebraska § 58-243 (Authority; agricultural projects; powers) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 58-243 (2026).

Text

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.

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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.