Statutes, codes, and regulations
Revised Statutes of Nebraska
Chapter 21 - CORPORATIONS AND OTHER COMPANIESArticle 13 - COOPERATIVE COMPANIES
COOPERATIVE FARM LAND COMPANIES
Section 21-1339 - Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized

Neb. Rev. Stat. §§ 21-1339

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Current with changes through the 2024 First Special Legislative Session
Section 21-1339 - Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized

Obligations of a cooperative farm land company secured by a first mortgage on agricultural lands purchased by a cooperative farm land company shall be a lawful investment for funds of any insurance company which has conveyed real estate to the company to the full extent of the purchase price.

Neb. Rev. Stat. §§ 21-1339

Laws 1941, c. 38, § 7, p. 155; C.S.Supp.,1941, § 24-2107; R.S.1943, § 21-1339; Laws 1991, LB 237, § 55.