58-858. Nebraska Health Education Assistance Loan Program; authority; powers.
161 words·~1 min read·
/ne/chapter-58/58-858A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority may:
(1)Make loans;
(2)Participate in the financing of loans;
(3)Purchase or participate in the purchase of loans;
(4)Sell or participate in the sale of loans;
(5)Collect and pay reasonable fees and charges in connection with the exercise of the powers provided in subdivisions
(1)through
(4)of this section;
(6)Do all things necessary and convenient to carry out the purposes of sections 58-857 to 58-862 in connection with the administering and servicing of loans, including contracting with any person, firm, or other body, public or private;
(7)Enter into any agreements necessary to effect the guarantee, insuring, administering, or servicing of loans;
(8)Adopt and promulgate rules and regulations governing and establish standards for participation in the program created by section 58-857 , and establish other administrative procedures consistent with Public Law 94-484 ; and
(9)Exercise all powers incidental to or necessary for the performance of the powers authorized by this section.