Nebraska Revised Statute 45-1003

45-1003

45-1003.

Installment loans; financial institution ineligible.

No financial institution is eligible for a license or to make loans under the Nebraska Installment Loan Act.

Source

Annotations

  • Notwithstanding interest rate limits under Nebraska statutes, national bank in Nebraska can legally charge, on credit card transactions, same rates allowed by section 45-114 et seq. Fisher v. First Nat. Bank of Omaha, 548 F.2d 255 (8th Cir. 1977).