Prior to or within ten days after any creditor of the warehouse licensee commences a judicial proceeding to reduce to judgment, foreclose, or otherwise enforce any claim on a creditor’s lien or security interest attached to grain contained in the warehouse, the creditor shall serve written notice on the executive director of the commission.

Terms Used In Nebraska Statutes 88-547.02

  • Lien: A claim against real or personal property in satisfaction of a debt.