Nebraska Statutes 45-108. Interest; rate; when calculated by the year
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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.
Source
- Laws 1879, § 9, p. 115;
- R.S.1913, § 3354;
- C.S.1922, § 2842;
- C.S.1929, § 45-109;
- R.S.1943, § 45-108.
Terms Used In Nebraska Statutes 45-108
- Year: shall mean calendar year. See Nebraska Statutes 49-801