Nebraska Revised Statute 39-2918

Chapter 39

39-2918.

Investment program; lien subordination; repayments; modification.

(1) The investment program may subordinate its lien to senior debt if the commission determines that such subordination is necessary to finance the project and is consistent with any bond covenant.

(2) The investment program may extend, defer, capitalize, or restructure repayments to preserve project viability or to mitigate financial hardship, subject to federal requirements and the approval of the commission.

Source