21-1794. Participation loans.
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/ne/chapter-21/21-1794A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A credit union may participate in loans to credit union members jointly with other credit unions, credit union organizations, or other organizations pursuant to written policies established by the board of directors. A credit union which originates such a loan shall retain an interest of at least ten percent of the face amount of the loan.