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Code · Nebraska · Chapter 76 — Real Property

76-3708. Real estate of railroads, public utilities, and common carriers; real estate of restricted entity or agent, trustee, or fiduciary; applicability of sections.

104 words·~1 min read·/ne/chapter-76/76-3708

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(1)Except as provided in subsection
(2)of this section, the provisions of sections 76-3703 , 76-3706 , and 76-3707 shall not apply to the real estate necessary for the construction and operation of railroads, public utilities, and common carriers.
(2)The provisions of sections 76-3703 , 76-3706 , and 76-3707 shall apply to the real estate of a restricted entity or an agent, trustee, or fiduciary thereof. A restricted entity, or an agent, trustee, or fiduciary thereof, who violates this section shall be in violation of the Foreign-owned Real Estate National Security Act and subject to divestment as prescribed under section 76-3712 .
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