Nebraska § 84-616 Judgments and security for debt; authority of State Treasurer to sell and assign

Nebraska Statutes

§ 84-616 — Judgments and security for debt; authority of State Treasurer to sell and assign

Nebraska § 84-616

Ch. 84State Officers

This text of Nebraska § 84-616 (Judgments and security for debt; authority of State Treasurer to sell and assign) 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. § 84-616 (2026).

Text

The State Treasurer is authorized to sell, assign, and transfer any judgment held and owned by the state against any person and to sell, assign, and transfer any security in the nature of a mortgage held on behalf of the permanent school fund to any person who will pay the full amount thereof. The sale and assignment shall transfer to and confer upon such purchaser all the rights of the state in such judgment or security.

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The State Treasurer is authorized to sell, assign, and transfer any judgment held and owned by the state against any person and to sell, assign, and transfer any security in the nature of a mortgage held on behalf of the permanent school fund to any person who will pay the full amount thereof. The sale and assignment shall transfer to and confer upon such purchaser all the rights of the state in such judgment or security.

Legislative History

Source: Laws 1877, § 1, p. 207; R.S.1913, § 6679; C.S.1922, § 6216; C.S.1929, § 77-2605; R.S.1943, § 77-2405; R.S.1943, (1986), § 77-2405; Laws 1989, LB 13, § 1.