58-101. Money; denominations; public payments. The money of account of this state is the dollar, cent and mill, and all public accounts, and the proceedings of all courts in relation to money, shall be kept and expressed in money of the above denominations. Source R.S.1866, c. 37, § 1, p. 269; R.S.1913, § 4015; C.S.1922, […]
58-102. Money; demand expressed in another denomination; effect. The provisions of section 58-101 shall not in any manner affect any demand expressed in money of another denomination; but such demand, in any suit or proceeding affecting the same, shall be reduced to the denominations in that section given. Source R.S.1866, c. 37, § 2, p. […]
58-201. Act, how cited. Sections 58-201 to 58-272 shall be known and may be cited as the Nebraska Investment Finance Authority Act. Source Laws 1983, LB 626, § 1; Laws 1986, LB 1230, § 29; Laws 1989, LB 311, § 1; Laws 1989, LB 706, § 1; Laws 1991, LB 253, § 1; Laws 1992, […]
58-202. Cost and availability of financing; legislative findings and declarations. (1) The Legislature hereby finds and declares that: (a) The high cost of agricultural loans and the general unavailability of such loans at favorable rates and terms for farmers, particularly beginning farmers, and other agricultural enterprises have resulted in decreased crop, livestock, and business productivity […]
58-203. Authority; purpose for creation. (1) The problems enumerated in section 58-202 cannot alone be remedied through the operation of private enterprise or individual communities or both but may be alleviated through the creation of a quasi-governmental body to: (a) Encourage the investment of private capital and stimulate the construction of sanitary, safe, and uncrowded […]
58-204. Finance and development entities; legislative findings. The Legislature finds that the Nebraska Mortgage Finance Fund, the Nebraska Development Finance Fund, and the Agricultural Development Corporation have effectuated their respective public purposes. Source Laws 1983, LB 626, § 4; Laws 1991, LB 253, § 4.
58-205. Consolidation of various finance and development entities; legislative findings. The Legislature further finds that the use of a single staff by the Nebraska Mortgage Finance Fund, the Nebraska Development Finance Fund, and the Agricultural Development Corporation has proven to be very efficient and that it would promote an even more efficient operation of the […]
58-206. Assistance and expertise; provided by single finance and development entity; legislative findings. The Legislature further finds that: (1) In many instances local communities, citizens of the state, and private enterprise lack the knowledge and technical expertise necessary to take advantage of the public purpose financings offered by the Nebraska Mortgage Finance Fund, the Nebraska […]
58-207. Definitions, where found. For purposes of the Nebraska Investment Finance Authority Act, unless the context otherwise requires, the definitions found in sections 58-207.01 to 58-225 shall be used. Source Laws 1983, LB 626, § 7; Laws 1984, LB 1084, § 3; Laws 1989, LB 706, § 3; Laws 1991, LB 253, § 7; Laws […]
58-207.01. Abatement, defined. Abatement shall include, but not be limited to, any (1) inspection and testing regarding environmental hazards, (2) maintenance to reduce, lessen, put an end to, diminish, moderate, decrease, control, dispose of, or eliminate environmental hazards, (3) removal or encapsulation of environmentally hazardous material or property, (4) restoration or replacement of material or […]
58-207.02. Accessibility barrier, defined. Accessibility barrier shall mean anything which impedes entry into, exit from, or use of any building or facility by all people. Source Laws 1992, LB 1001, § 7.
58-207.03. Accessibility barrier elimination, defined. Accessibility barrier elimination shall include, but not be limited to, inspection for and removal of accessibility barriers, maintenance to reduce, lessen, put an end to, diminish, control, dispose of, or eliminate accessibility barriers, related restoration or replacement of facilities or property, any related architectural and engineering services, and any other […]
58-208. Agriculture or agricultural enterprise, defined. Agriculture or agricultural enterprise shall mean the real and personal property constituting farms and ranches. Source Laws 1983, LB 626, § 8; Laws 1991, LB 253, § 9.
58-209. Authority, defined. Authority shall mean the Nebraska Investment Finance Authority. Source Laws 1983, LB 626, § 9; Laws 1991, LB 253, § 10.
58-209.01. Blighted area, defined. Blighted area shall mean an area within a city or village (1) which by reason of the presence of a substantial number of deteriorated or deteriorating structures, defective or inadequate street layout, faulty lot layout in relation to size, adequacy, accessibility or usefulness, unsanitary or unsafe conditions, deterioration of site or […]
58-210. Bond, defined. Bond shall mean any bond, note, debenture, interim certificate, bond anticipation note, or other evidence of financial indebtedness. Source Laws 1983, LB 626, § 10; Laws 1991, LB 253, § 12.
58-210.01. Environmental hazard, defined. Environmental hazard shall mean any contamination of the air, water, or land surface or subsurface caused by any substance adversely affecting human health or safety, if such substance has been declared hazardous by a federal or state statute, rule, or regulation. Source Laws 1989, LB 706, § 5; Laws 1991, LB […]
58-210.02. Economic-impact project, defined. (1) Economic-impact project means: (a) Any of the following, whether or not in existence, financed in whole or in part through the use of the federal new markets tax credit described in section 45D of the Internal Revenue Code, and located in a low-income community designated pursuant to section 45D of […]
58-211. Financing agreement, defined. Financing agreement shall mean any contractual obligation between the authority and another entity with respect to the financing which shall include without limitation refinancing of a project or projects and shall include without limitation a lease agreement, loan agreement, sale contract, take-or-pay contract, or user agreement. The financing agreement shall provide […]
58-211.01. First-time homebuyer, defined. First-time homebuyer shall mean a low-income or moderate-income person who has had no present ownership interest in his or her principal residence at any time during the three-year period ending on the date a mortgage loan financed by the authority is received. Source Laws 1991, LB 253, § 15.
