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2012 Nebraska Revised Statutes
Chapter 45 - INTEREST, LOANS, AND DEBT
45-110 - Usurious contracts; limit of recovery.


NE Code § 45-110 (2012) What's This?
45-110. Usurious contracts; limit of recovery.

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.

Source
    Laws 1935, c. 126, § 2, p. 452;
    C.S.Supp.,1941, § 45-129;
    R.S.1943, § 45-110.

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