Nebraska Statutes 42-503. Decree
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Upon the hearing of the complaint, if the court is satisfied that it is made in good faith by the plaintiff, that he or she or some other person selected by the court is a proper person to exercise the power and make the mortgage, and that it is necessary and proper, the court shall enter a decree authorizing the execution of a mortgage for and in the name of such mentally incompetent husband or wife by the plaintiff or such other person as the court may appoint.
Source
- Laws 1927, c. 66, § 3, p. 229;
- C.S.1929, § 42-503;
- R.S.1943, § 42-503;
- Laws 1986, LB 1177, § 17;
- Laws 2004, LB 1207, § 35.
Terms Used In Nebraska Statutes 42-503
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
- Plaintiff: The person who files the complaint in a civil lawsuit.