Employees retirement system; investments; mortgages on real property, when.

Checkout our iOS App for a better way to browser and research.

79-9,110. Employees retirement system; investments; mortgages on real property, when.

Investments may also be made in first mortgages on improved real property which are insured by the Federal Housing Administration under the National Housing Act, are guaranteed by the United States Department of Veterans Affairs under the federal Veterans' Benefits Act of 1958 and any amendments thereto, or are otherwise insured or guaranteed by the United States of America or any agency or instrumentality thereof so as to give the investor protection essentially the same as that provided by such National Housing Act or federal Veterans' Benefits Act of 1958 and any amendments thereto or in notes, bonds, or debentures fully collateralized by such protected mortgages.

Source

  • Laws 1967, c. 545, § 6, p. 1795;
  • Laws 1991, LB 2, § 21;
  • R.S.1943, (1994), § 79-1051.05;
  • Laws 1996, LB 900, § 645.


Download our app to see the most-to-date content.