Aliens and corporations not incorporated under the laws of the State of Nebraska are prohibited from acquiring title to or taking or holding any land, or real estate, or any leasehold interest extending for a period for more than five years or any other greater interest less than fee in any land, or real estate in this state by descent, devise, purchase or otherwise, except as provided in sections 76-403 to 76-405.

Source

  • Laws 1889, c. 58, § 1, p. 483;
  • R.S.1913, § 6273;
  • Laws 1921, c. 142, § 1, p. 608;
  • C.S.1922, § 5687;
  • C.S.1929, § 76-502;
  • Laws 1939, c. 97, § 1, p. 417;
  • C.S.Supp.,1941, § 76-502;
  • R.S.1943, § 76-402.

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Terms Used In Nebraska Statutes 76-402

  • Devise: To gift property by will.
  • 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