Violations; penalty.

  1. Law
  2. Nebraska Revised Statutes
  3. Interest, Loans, and Debt
  4. Violations; penalty.

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45-1037. Violations; penalty.

Any person violating sections 45-1025 to 45-1031 is guilty of a Class II misdemeanor.

Source

  • Laws 1941, c. 90, § 27, p. 356;
  • C.S.Supp.,1941, § 45-155;
  • Laws 1943, c. 107, § 6, p. 373;
  • R.S.1943, § 45-153;
  • Laws 1977, LB 40, § 250;
  • Laws 1993, LB 121, § 270;
  • R.S.1943, (1998), § 45-153;
  • Laws 2001, LB 53, § 65.

Annotations

  • Public policy as to effect of violation of Installment Loan Act has been fixed by Legislature. McNish v. General Credit Corp., 164 Neb. 526, 83 N.W.2d 1 (1957).

  • Penalty applies to both licensees and nonlicensees. State ex rel. Beck v. Associates Discount Corp., 162 Neb. 683, 77 N.W.2d 215 (1956).

  • Violation, whether by licensee or nonlicensee, is a misdemeanor. Powell v. Edwards, 162 Neb. 11, 75 N.W.2d 122 (1956).


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