An assignment of a school land lease shall not be valid until recorded in the office of the Board of Educational Lands and Funds and shall not be eligible to such record if there are any payments of interest or rental due at the time the assignment is offered for record.
Neb. Rev. Stat. § 72-241
School lands; leases; assignments; validity; recording
Laws 1899, c. 69, § 18, p. 310; R.S.1913, § 5864; C.S.1922, § 5200; Laws 1923, c. 60, § 1, p. 183; C.S.1929, § 72-220; Laws 1935, c. 163, § 13, p. 606; C.S.Supp.,1941, § 72-220;…
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.