Neb. Rev. Stat. §§ 45-108

Current with changes through 2024

Section 45-108 - Interest; rate; when calculated by the year

When in any law, or in any instrument in writing specifying a rate of interest, no period of time is mentioned for which such rate is to be calculated, it shall be deemed to be by the year.

Neb. Rev. Stat. §§ 45-108

Laws 1879, § 9, p. 115; R.S.1913, § 3354; C.S.1922, § 2842; C.S.1929, § 45-109; R.S.1943, § 45-108.