(1) The investment program may subordinate its lien to senior debt if the commission determines that such subordination is necessary to finance the project and is consistent with any bond covenant. (2) The investment program may extend, defer, capitalize, or restructure repayments to preserve project viability or to mitigate financial hardship, subject to federal requirements and the approval of the commission.
Neb. Rev. Stat. § 39-2918
Investment program; lien subordination; repayments; modification
Laws 2026, LB1126, § 18
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.