Nebraska Statutes 45-113. Usury; witness; testimony not evidence in criminal proceeding, when
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Any officer or agent of a person or a corporation, whether interested or not, may be summoned as a witness in any action for usury against such person or corporation, and required to disclose all the facts of the case, but the testimony of such witness, or the answer of the party as required in section 45-111, shall not be used against such witness or party in any criminal prosecution for perjury.
Source
- Laws 1879, § 8, p. 115;
- R.S.1913, § 3353;
- C.S.1922, § 2841;
- C.S.1929, § 45-108;
- R.S.1943, § 45-113.
Terms Used In Nebraska Statutes 45-113
- Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
- Testimony: Evidence presented orally by witnesses during trials or before grand juries.
- Usury: Charging an illegally high interest rate on a loan. Source: OCC