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Code · Nebraska · Chapter 58 — Money and Financing

58-861. Nebraska Health Education Assistance Loan Program; bonds; security.

95 words·~1 min read·/ne/chapter-58/58-861

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Notwithstanding section 58-843 , the principal of and interest on any bonds issued by the authority for the Nebraska Health Education Assistance Loan Program shall be secured by a pledge of the revenue and other money out of which such principal and interest shall be made payable and may be secured by a trust indenture, mortgage, or deed of trust, including an assignment of a loan or contract right of the authority pursuant to a loan, covering all or any part of a loan from which the revenue or receipts so pledged may be derived.
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