Nebraska Statutes 88-547.02. Judicial proceeding; notice required
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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.
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Terms Used In Nebraska Statutes 88-547.02
- Lien: A claim against real or personal property in satisfaction of a debt.