Nebraska Revised Statutes Chapter 81. State Administrative Departments § 81-12,215. Project; land on which project is situated; sale; approval required; conditions

(1) If approved by the director, an applicant may sell all or any part of the project authorized by the Nebraska Rural Projects Act or the land on which such project is situated to (a) a person who is seeking to establish a business at the site of such project, (b) a city, a county, or a public utility for the purpose of public works infrastructure, including, but not limited to, storm water management, or (c) an inland port authority for the purpose of developing, operating, or managing an inland port district located at the site of such project.

(2) The director shall approve a sale under this section if the director finds that:

(3) Any sale under this section shall not affect any matching funds already granted to the applicant and shall not disqualify the applicant from receiving matching funds after the sale.