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Code · Nebraska · Chapter 21 — Corporations and Other Companies

21-1788. Interest rate.

51 words·~1 min read·/ne/chapter-21/21-1788

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The interest rates on loans shall be determined by the board of directors, except that the rate shall not exceed eighteen percent per annum on the unpaid balance of the loan. The board may also authorize any refund of interest on such classes of loans under such conditions as it prescribes.
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