Nebraska Statutes

§ 21-1794 — Participation loans

Nebraska·Ch. 21 Corporations and Other Companies
A credit union may participate in loans to credit union members jointly with other credit unions, credit union organizations, or other organizations pursuant to written policies established by the board of directors. A credit union which originates such a loan shall retain an interest of at least ten percent of the face amount of the loan.

Free access — add to your briefcase to read the full text and ask questions with AI

Nebraska § 21-1794 (Participation loans) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1996, LB 948, § 94.

Nearby Sections

15
View on official source ↗