45-108. Interest; rate; when calculated by the year.
38 words·~1 min read·
/ne/chapter-45/45-108A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When in any law, or in any instrument in writing specifying a rate of interest, no period of time is mentioned for which such rate is to be calculated, it shall be deemed to be by the year.