The Nebraska Investment Council may negotiate with the Board of Trustees of the Nebraska State Colleges for the servicing of such loans which may be purchased by the council, retained in its investment portfolio or resold as provided in section 72-1246.02 . The council may require such security for the performance of the servicing duties as it may deem necessary to insure full compliance with a servicing agreement.
Neb. Rev. Stat. § 72-1246.03
Student loans; Nebraska State Colleges; service loans; security
Laws 1971, LB 152, § 4.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.