There is a newer version
of
this Statute
2019 Nebraska Revised Statutes
Chapter 45 - INTEREST, LOANS, AND DEBT
45-918.03 Rescission; redemption.
Universal Citation: NE Code § 45-918.03 (2019)
45-918.03. Rescission; redemption.
(1) A maker shall have the right to rescind a delayed deposit transaction before 5 p.m. the next business day following the delayed deposit transaction.
(2) Prior to the licensee negotiating or presenting the check, the maker shall have the right to redeem any check held by a licensee as a result of a delayed deposit transaction if the maker pays the full amount to the licensee.
Source
- Laws 2018, LB194, ยง 12.
Disclaimer: These codes may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
