{"data":{"id":"us-ne/neb.-rev.-stat.-8-325","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 8-325","heading":"Neb. Rev. Stat. § 8-325","body":"Such association may purchase, hold, lease and convey real estate or stock for the following purposes and no others:\n\n(1) Such real estate as it may need to occupy as a place of business;\n\n(2) Such as shall in good faith be conveyed to it in satisfaction of debts contracted in the ordinary course of business;\n\n(3) Such as it shall purchase at sales under judgments, decrees or mortgages held by the association, or shall purchase in good faith to secure debts due;\n\n(4) Such as it shall in good faith acquire as a part of the consideration for the sale or exchange of real estate owned by it;\n\n(5) Such as shall be acquired in salvaging the value of property owned by the association; and\n\n(6) Such as is permitted building and loan service corporations under section 8-320.01 . Nothing in this section shall be construed to forbid the mortgaging of real estate to such associations.","path":["NE Code","Chapter 8"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=8-325","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"c0a605121177a915ded29826dfc495fa80c8e0d0e69a4240accc007dbbba5a32","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-8-324","next":"us-ne/neb.-rev.-stat.-8-326"},"notice":"GroundRules: Original legal text. Not legal advice."}