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Statute 52 1705 — Nebraska Law | CourtGPT
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Nebraska Legal Code

Statute 52 1705

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52-1705. Security interest; enforcement by assignee.An assignee may enforce a security interest in rents by (1) the appointment of a receiver under applicable law, (2) the recovery of rents as part of the enforcement of an assignment instrument, or (3) as provided in section 52-1706 or under other applicable law. The collection of rents by an assignee in accordance with section 52-1706 shall not be deemed to impose the obligations of a mortgagee or any other person in possession of the real estate on the assignee.Source Laws 1993, LB 14, § 5.