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Nebraska Revised Statutes Chapter 45. Interest, Loans, and Debt § 45-110. Usurious contracts; limit of recovery

Current as of January 01, 2024 | Updated by Findlaw Staff

All such contracts are hereby declared contrary to public policy and usurious, and in any action therefor the plaintiff shall recover only the same number of dollars in any lawful money of the United States as the number of dollars contracted for at the time the original contract was entered into, plus interest not exceeding the maximum legal contract rate and costs, and no more.

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Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 45. Interest, Loans, and Debt § 45-110. Usurious contracts; limit of recovery - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-45-interest-loans-and-debt/ne-rev-st-sect-45-110/

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