Nebraska § 44-1702 - Terms, defined.
Full text of Nebraska Revised Statutes of Nebraska § 44-1702 — Terms, defined., with citation guidance and answers to common questions.
§ 44-1702. Terms, defined.
As used in sections 44-1701 to 44-1713, unless the context otherwise requires:
(1) Credit life insurance shall mean insurance on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction;
(2) Credit accident and health insurance means insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction while the debtor is disabled as defined in the policy;
(3) Creditor shall mean the lender of money or vendor or lessor of goods, services, property, rights or privileges, for which payment is arranged through a credit transaction or any successor to the right, title or interest of any such lender, vendor or lessor, and an affiliate, associate or subsidiary of any of them or any director, officer or employee of any of them or any other person in any way associated with any of them;
(4) Debtor shall mean a borrower of money or a purchaser or lessee of goods, services, property, rights or privileges for which payment is arranged through a credit transaction;
(5) Indebtedness shall mean the total amount payable by a debtor to a creditor in connection with a loan or other credit transaction; and
(6) Director shall mean the Director of the Department of Insurance of Nebraska.
Frequently Asked Questions About Nebraska § 44-1702
What does Revised Statutes of Nebraska § 44-1702 cover?
Section 44-1702 ("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 § 44-1702?
A common citation format is "Revised Statutes of Nebraska § 44-1702" (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 § 44-1702 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.