Nebraska Revised Statutes
Neb. Rev. Stat. § 45-918 (2026)
Annual percentage rate; violation; effect; fee; limitation
✓ text as last checked Oct. 2026 (this copy records no edition or section history)
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(1) A licensee shall not impose an annual percentage rate greater than thirty-six percent in connection with a delayed deposit transaction. Any delayed deposit transaction made in violation of this section is void, and the licensee making such delayed deposit transaction has no right to collect, receive, or retain any principal, interest, fees, or any other charges in connection with such delayed deposit transaction.
(2) The fees set forth in this section shall not be charged to individuals on active duty military or their spouses or dependents in an amount that exceeds what is allowed under 10 U.S.C. 987, as such section existed on January 1, 2018.
Notes of Decisions
Cited in 2
cases, 2020–2020 · leading case: Thomas v. Peterson, 948 N.W.2d 698 (Neb. 2020).
Thomas v. Peterson, 948 N.W.2d 698 (Neb. 2020). “” Thomas prayed that the court remove the phrase “also known as payday lenders” and cer- tify a modified explanatory statement and ballot title to the Secretary of State.”
Thomas v. Peterson, No. S-20-596 (Neb. Sept. 10, 2020). “’” Thomas alleged that the term “payday lenders” is not contained within § 45-918 or § 45-919, the provisions of the Act which the initiative petition seeks to amend.”
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