Nebraska Statutes 2-4112. Excise tax; deduct from loan proceeds
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In the case of a pledge or mortgage of dry peas and lentils as security for a loan under the federal price support program, the tax shall be deducted from the proceeds of such loan at the time the loan is made.
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Terms Used In Nebraska Statutes 2-4112
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.