Neb. Rev. Stat. §§ 8-712

Current with changes through the 2024 First Special Legislative Session
Section 8-712 - Banks, trust companies, insurance companies, fiduciaries; investments in National Housing Act securities; authority to make

It shall be lawful for banks, savings banks, trust companies, insurance companies, personal representatives, administrators, guardians, trustees, and other fiduciaries, the State of Nebraska and its political subdivisions, and institutions and agencies thereof, to invest their funds and the money in their custody or possession, eligible for investment, in bonds or notes secured by mortgages insured by the Federal Housing Administrator, in debentures issued by the Federal Housing Administrator, and in securities issued by national mortgage associations.

Neb. Rev. Stat. §§ 8-712

Laws 1935, c. 17, § 2, p. 92; Laws 1937, c. 13, § 2, p. 117; C.S.Supp.,1941, § 8-502; R.S.1943, § 8-712; Laws 1986, LB 909, § 10.