39-2919. Default; investment program; powers.
48 words·~1 min read·
/ne/chapter-39/39-2919A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event of a default by a borrower under the Infrastructure Development Investment Program Act, the investment program may pursue any lawful remedy, including acceleration, set-off, intercept of state aid that is otherwise due to the borrower, or transfer of collateral, consistent with constitutional and federal limitations.