Nebraska Revised Statutes
Neb. Rev. Stat. § 45-102 (2026)
Interest; legal rate; exception
✓ current as of July 2026
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Interest upon the loan or forbearance of money, goods or things in action shall be at the rate of twelve percent per annum for the period commencing on March 19, 1980, through August 31, 1983, and at the rate of six percent per annum commencing on September 1, 1983, on the unpaid principal balance, unless a greater rate, not exceeding the rate of interest provided in section 45-101.03, be contracted for by the parties.
Notes of Decisions
Cited in 15
cases, 1943–2017 · leading case: In Re Est. of Peterson, 433 N.W.2d 500 (Neb. 1988).
In Re Est. of Peterson, 433 N.W.2d 500 (Neb. 1988). “On appeal, the district court reversed, holding that 6 percent per annum interest, as called for by Neb. Rev. Stat. § 45-102 (Reissue 1984), is the applicable rate.”
Sayer v. Bowley, 503 N.W.2d 166 (Neb. 1993). “The court awarded the Sayers prejudgment interest on this amount at 6 percent, pursuant to Neb. Rev. Stat. § 45-102 (Reissue 1988). The Sayers were also required to pay the entire receiver’s fee of $11,386.”
O'Connor v. Kearny Junction, 893 N.W.2d 684 (Neb. 2017). “25 Neb. Rev. Stat. § 45-102 (Reissue 2010). - 994 - Nebraska Supreme Court A dvance Sheets 295 Nebraska R eports O’CONNOR v.”
Lincoln Benefit Life Co. v. Edwards, 45 F. Supp. 2d 722 (D. Neb. 1999). “1997) (upholding prejudgment interest award of six percent per annum pursuant to Neb.Rev.Stat. § 45-102 in case where court rescinded securities transaction on basis of mutual mistake).”
Getzschman v. Miller Chem. Co., Inc., 443 N.W.2d 260 (Neb. 1989). “See Neb. Rev. Stat. § 45-102 (Reissue 1988). *897 ASSIGNMENTS OF ERROR Hoffman and Miller appeal, contending that the district court erred in (1) refusing to instruct the jury regarding an architect’s fiduciary duty and the duty of reasonable care; (2) excluding expert testimony…”
Lefferdink v. Schmutte, 32 N.W.2d 194 (Neb. 1948). “It is true that section 45-102, R. S. 1943, fixes the maximum legal rate of interest at nine percent; It is also true that section 45-105, R.”
Transamerica Commerical Fin. Corp. v. Rochford, 509 N.W.2d 214 (Neb. 1993). “From that day forward to the date of judgment, July 29, 1991, Transamerica is entitled to interest at the rate provided by Neb. Rev. Stat. § 45-102 (Reissue 1988) of 6 percent per annum, there being no specific rate contracted for by the parties appearing in the record.”
Exch. Elevator Co. v. Marshall, 22 N.W.2d 403 (Neb. 1946). “§ 45-102, R. S. 1943. Marshall is entitled to credit for the $200 which was paid as a result of the execution on his property.”
Moore v. Schank, 27 N.W.2d 165 (Neb. 1947). “§ 45-102, R. S. 1943. It is evident that the: interest charged cannot be sustained in the absence of a contract.”
Cessna Fin. Corp. v. Millard Aviation, Inc. (In re Turner), 13 B.R. 15 (Bankr. D. Neb. 1981). “2d 495 (1976); Neb.Rev.Stat. § 45-102 & 103. As Gerald Turner’s actions were clearly within the scope of his employment, Millard is also liable to the plaintiff.”
Beatrice Prod. Credit Ass'n v. Vieselmeyer, 376 F. Supp. 1391 (D. Neb. 1973). “The defense asserts that the rate of interest charged on the loan was 9% per cent, in violation of the 9 per cent limitation imposed by § 45-102, R.R.S.Neb. (1943). The basis of the summary judgment motion is that the Production Credit Association, as a federal lending…”
Matter of Turner, 13 B.R. 15 (Bankr. D. Neb. 1981). “2d 495 (1976); Neb.Rev.Stat. § 45-102 & 103. As Gerald Turner's actions were clearly within the scope of his employment, Millard is also liable to the plaintiff.”
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