Nebraska Statutes 2-2312. Excise tax; not deducted from loan proceeds
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In the case of a pledge or mortgage of wheat as security for a loan under the federal price support program, no excise tax shall be deducted from the proceeds of such loan at the time the loan is made.
Terms Used In Nebraska Statutes 2-2312
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.