Nebraska Statutes 77-1104. Credit allowance date, defined
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Credit allowance date means, with respect to any qualified equity investment:
Terms Used In Nebraska Statutes 77-1104
- Qualified equity investment: means any equity investment in, or long-term debt security issued by, a qualified community development entity that:
(a) Is acquired after January 1, 2012, at its original issuance solely in exchange for cash. See Nebraska Statutes 77-1110
(1) The date on which such investment is initially made; and
(2) Each of the six anniversary dates of such date thereafter.