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Current as of January 01, 2024 | Updated by Findlaw Staff
The authority may:
(1) Make loans;
(2) Participate in the financing of loans;
(3) Purchase or participate in the purchase of loans;
(4) Sell or participate in the sale of loans;
(5) Collect and pay reasonable fees and charges in connection with the exercise of the powers provided in subdivisions (1) through (4) of this section;
(6) Do all things necessary and convenient to carry out the purposes of sections 58-857 to 58-862 in connection with the administering and servicing of loans, including contracting with any person, firm, or other body, public or private;
(7) Enter into any agreements necessary to effect the guarantee, insuring, administering, or servicing of loans;
(8) Adopt and promulgate rules and regulations governing and establish standards for participation in the program created by section 58-857, and establish other administrative procedures consistent with Public Law 94-484; and
(9) Exercise all powers incidental to or necessary for the performance of the powers authorized by this section.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 58. Money and Financing § 58-858. Nebraska Health Education Assistance Loan Program; authority; powers - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-58-money-and-financing/ne-rev-st-sect-58-858/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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