Nebraska § 8-815 - Terms, defined.
Full text of Nebraska Revised Statutes of Nebraska § 8-815 — Terms, defined., with citation guidance and answers to common questions.
§ 8-815. Terms, defined.
As used in sections 8-815 to 8-829, unless the context otherwise requires:
(1) Department means the Department of Banking and Finance;
(2) Bank means the banks and trust companies organized under the laws of this state, and national banking associations doing business in this state and shall include national banking associations;
(3) Personal loan means a loan, and the contract evidencing the same, which is repayable, pursuant to a contract or understanding, in two or more equal or unequal installments, and within one hundred forty-five months, but shall not include any loan on which the interest does not exceed sixteen percent per annum. Personal loan includes loans for the purchase of mobile homes even though the loan is not repayable within one hundred forty-five months. Personal loan includes loans or advances initiated by credit card or other type of transaction card, including, but not limited to, those loan transactions initiated through electronic impulse; and
(4) Transaction card means a device or means used to access a prearranged revolving credit plan account.
Frequently Asked Questions About Nebraska § 8-815
What does Revised Statutes of Nebraska § 8-815 cover?
Section 8-815 ("Terms, defined.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 8-815?
A common citation format is "Revised Statutes of Nebraska § 8-815" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 8-815 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.