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NEBRASKA STATUTES AND CODES

85-1758 Nebraska Health Education Assistance Loan Program; bonds; security.

85-1758. Nebraska Health Education Assistance Loan Program; bonds; security.Notwithstanding section 85-1740, the principal of and interest on any bonds issued by the authority for the Nebraska Health Education Assistance Loan Program shall be secured by a pledge of the revenue and other money out of which such principal and interest shall be made payable and may be secured by a trust indenture, mortgage, or deed of trust, including an assignment of a loan or contract right of the authority pursuant to a loan, covering all or any part of a loan from which the revenue or receipts so pledged may be derived. SourceLaws 1983, LB 159, § 11; R.S.1943, (1994), § 79-2958; Laws 1995, LB 5, § 58.

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