Nebraska Statutes 72-241. School lands; leases; assignments; validity; recording
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An assignment of a school land lease shall not be valid until recorded in the office of the Board of Educational Lands and Funds and shall not be eligible to such record if there are any payments of interest or rental due at the time the assignment is offered for record.
Source
- Laws 1899, c. 69, § 18, p. 310;
- R.S.1913, § 5864;
- C.S.1922, § 5200;
- Laws 1923, c. 60, § 1, p. 183;
- C.S.1929, § 72-220;
- Laws 1935, c. 163, § 13, p. 606;
- C.S.Supp.,1941, § 72-220;
- R.S.1943, § 72-241;
- Laws 1999, LB 779, § 40.
Terms Used In Nebraska Statutes 72-241
- 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