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.
Neb. Rev. Stat. § 58-243
Authority; agricultural projects; powers
Laws 1983, LB 626, § 43; Laws 1991, LB 253, § 44.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.