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Code · Nebraska · Chapter 2 — Agriculture

2-2312. Excise tax; not deducted from loan proceeds.

40 words·~1 min read·/ne/chapter-2/2-2312

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In the case of a pledge or mortgage of wheat as security for a loan under the federal price support program, no excise tax shall be deducted from the proceeds of such loan at the time the loan is made.
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