Nebraska Statutes 72-238. School lands; lease; forfeiture; movable improvements; sale; proceeds; disposition
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Movable improvements on lands reverting to the state through forfeiture shall be sold under the direction of the Board of Educational Lands and Funds at public auction, and the proceeds received therefrom shall inure to the holder of the forfeited lease, after payment has been made to the state for delinquent interest or rental, expenses incurred in holding such auctions, and irrigation taxes due the irrigation district in which the land is situated.
Source
- Laws 1899, c. 69, § 17, p. 309;
- Laws 1903, c. 100, § 1, p. 571;
- R.S.1913, § 5863;
- C.S.1922, § 5199;
- Laws 1927, c. 192, § 1, p. 548;
- C.S.1929, § 72-219;
- Laws 1935, c. 163, § 12, p. 605;
- C.S.Supp.,1941, § 72-219;
- R.S.1943, § 72-238;
- Laws 1999, LB 779, § 30.
Terms Used In Nebraska Statutes 72-238
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801