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Code · Nebraska · Chapter 21 — Corporations and Other Companies

21-1791. Loan limit.

44 words·~1 min read·/ne/chapter-21/21-1791

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The aggregate of loans to any one member shall be limited to ten percent of a credit union's share accounts, undivided earnings, and reserves. This limit shall not apply to loans which are fully secured by assignment of share accounts in the credit union.
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