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Code · Nebraska · Chapter 39 — Highways and Bridges

39-2911. Political subdivision; loan; application; terms.

48 words·~1 min read·/ne/chapter-39/39-2911

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

(1)Any political subdivision may apply to the department for a loan from the investment program on a form prescribed by the department.
(2)The terms of a duly executed loan or assistance contract are binding on the borrower, and the borrower shall unconditionally repay from pledged sources.
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