NEBRASKA EXPANDS SCOPE OF INSTALLMENT SALES ACT AND INSTALLMENT LOAN ACT

NEBRASKA EXPANDS SCOPE OF INSTALLMENT SALES ACT AND INSTALLMENT LOAN ACT

Nebraska passed L. B. 363 in March of 2021, effective March 18, 2021, to expand the scope of several key consumer finance statutes to require licensing of entities that acquire any servicing rights or other forms of participation, among other new licensing triggers. Below is a summary of the key provisions. Read More