Nebraska Revised Statute 45-1029

45-1029

45-1029.

Installment loans; power of attorney and instruments with blanks prohibited.

No licensee shall take a power of attorney, or any instrument signed by an attorney in fact and not personally, or any instrument signed in which blanks are left to be filled after execution.

Source

  • Laws 1941, c. 90, § 18, p. 352;
  • C.S.Supp.,1941, § 45-146;
  • Laws 1943, c. 107, § 5, p. 373;
  • R.S.1943, § 45-143;
  • R.S.1943, (1998), § 45-143;
  • Laws 2001, LB 53, § 57.

Annotations

  • This section, being special statute relating to a specific subject, is controlling rather than Negotiable Instruments Act as to filling in blanks. State ex rel. Beck v. Associates Discount Corp., 168 Neb. 298, 96 N.W.2d 55 (1959).

  • Taking purchaser's statement in blank was a violation of act. Curtis v. Securities Acceptance Corp., 166 Neb. 815, 91 N.W.2d 19 (1958).

  • All blank spaces in power of attorney must be filled in before execution. State ex rel. Beck v. Associates Discount Corp., 162 Neb. 683, 77 N.W.2d 215 (1956).