Nebraska § 45-357 - Repayment of loan; licensee; duties.
Full text of Nebraska Revised Statutes of Nebraska § 45-357 — Repayment of loan; licensee; duties., with citation guidance and answers to common questions.
§ 45-357. Repayment of loan; licensee; duties.
Within thirty days after repayment of the loan in full, the licensee shall mark plainly every obligation or copy of the obligation and security or copy of the security signed by any obligor with the word Paid or Canceled and shall release any mortgage, trust deed, or lien, restore any pledge, and cancel and return any note or copy of the note and any assignment or copy of the assignment given to the licensee. For purposes of this section, a copy shall meet the requirements of section 25-12,112.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 45-357
What does Revised Statutes of Nebraska § 45-357 cover?
Section 45-357 ("Repayment of loan; licensee; duties.") 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 § 45-357?
A common citation format is "Revised Statutes of Nebraska § 45-357" (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 § 45-357 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.