45-1003 Installment loans; financial institution ineligible.

NE Code § 45-1003 (2019) (N/A)
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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.

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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).