Nebraska Statutes 45-1003. Installment loans; financial institution ineligible; license required, when
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No financial institution is eligible for a license or to make loans under the Nebraska Installment Loan Act.
Terms Used In Nebraska Statutes 45-1003
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
A license shall be required for any person that is not a financial institution who, at or after the time a loan is made by a financial institution, markets, owns in whole or in part, holds, acquires, services, or otherwise participates in such loan.