Nebraska § 45-918.03 Rescission; redemption

Nebraska Statutes

§ 45-918.03 — Rescission; redemption

Nebraska § 45-918.03

Ch. 45Interest, Loans, and Debt

This text of Nebraska § 45-918.03 (Rescission; redemption) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 45-918.03 (2026).

Text

(1)A maker shall have the right to rescind a delayed deposit transaction before 5 p.m. the next business day following the delayed deposit transaction.

(2)Prior to the licensee negotiating or presenting the check, the maker shall have the right to redeem any check held by a licensee as a result of a delayed deposit transaction if the maker pays the full amount to the licensee.

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