Nebraska Bond Assignment is a financial arrangement in which a person or company assigns a bond as collateral to another person or company. The assignee then becomes the legal owner of the bond and has the right to receive the bond's payments and interest. It is often used when a borrower needs to raise capital quickly and has no other means of doing so. Nebraska Bond Assignment is a popular form of financing for businesses, governments, and other organizations. There are two main types of Nebraska Bond Assignment: the standard bond assignment and the structured bond assignment. In a standard bond assignment, the assignor transfers all rights and obligations of the bond to the assignee. In a structured bond assignment, the assignor and assignee create a more detailed agreement in which certain conditions must be met in order for the bond to be assigned.