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Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized.

Neb. Rev. Stat. § 21-1339
in effect
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21-1339. Cooperative farm land company; investment in purchase-money mortgages by insurance companies, authorized. Obligations of a cooperative farm land company secured by a first mortgage on agricultural lands purchased by a cooperative farm land company shall be a lawful investment for funds of any insurance company which has conveyed real estate to the company to the full extent of the purchase price. Laws 1941, c. 38, § 7, p. 155; C.S.Supp.,1941, § 24-2107; R.S.1943, § 21-1339; Laws 1991, LB 237, § 55.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-1339Fetched: 10/20/2026

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