Nebraska Statutes 2-2312. Excise tax; not deducted from loan proceeds
Current as of: 2023 | Check for updates
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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.
Source
- Laws 1955, c. 5, § 12, p. 63;
- Laws 2022, LB805, § 5.
Terms Used In Nebraska Statutes 2-2312
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.