Nebraska § 76-1018 Act, how cited

Nebraska Statutes

§ 76-1018 — Act, how cited

Nebraska § 76-1018

Ch. 76Real Property

This text of Nebraska § 76-1018 (Act, how cited) 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. § 76-1018 (2026).

Text

Sections  76-1001  to  76-1018  shall be known and may be cited as Nebraska Trust Deeds Act.

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Legislative History

Source: Laws 1965, c. 451, § 17, p. 1433; Laws 1994, LB 1275, § 8; Laws 2021, LB503, § 3. Annotations: A guaranty that was not secured by a trust deed was not subject to the provisions of the Nebraska Trust Deeds Act. Mutual of Omaha Bank v. Murante, 285 Neb. 747, 829 N.W.2d 676 (2013). The Nebraska Trust Deeds Act results in a fiduciary relationship between the trustee and the creditors secured by a deed of trust. Arizona Motor Speedway v. Hoppe, 244 Neb. 316, 506 N.W.2d 699 (1993). The Nebraska Trust Deeds Act provides a specific statutory plan to obtain performance of an obligation, prescribes a distinct procedure to dispose of security for performance of an obligation, and, generally, authorizes a form of financing quite apart from other methods recognized under Nebraska law. Sports Courts of Omaha v. Meginnis, 242 Neb. 768, 497 N.W.2d 38 (1993). Nebraska Trust Deeds Act did not violate Article III, section 14, Constitution of Nebraska. Blair Co. v. American Savings Co., 184 Neb. 557, 169 N.W.2d 292 (1969).