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Code · Nebraska · Chapter 39 — Highways and Bridges

39-2910. Financial assistance; contracts; instruments.

72 words·~1 min read·/ne/chapter-39/39-2910

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

The investment program may make any contract and execute any instrument that is necessary or convenient to provide financial assistance, including any:
(1)Loan agreement, trust indenture, intercept agreement, or reimbursement agreement;
(2)Acceptance of a pledge of project revenue, special assessment, user fee, tax increment, or other legally available revenue;
(3)Requirement or funding of any reserve fund to secure repayment; or
(4)Participation in any pooled financing or senior-subordinate structure.
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