Nebraska LB474 amends and repeals provisions related to installment sales, loans, and the Money Transmitters Act, renames the Nebraska Installment.
Nebraska LB474 makes several changes to financial regulations in the state. It eliminates and transfers provisions from the Nebraska Installment Loan Act, renames the Nebraska Installment Sales Act, and modifies the Medicaid Access and Quality Act. The bill also changes the interest rates for certain loans, modifies the requirements for insurance and other charges related to loans, and updates the licensing requirements for mortgage loan originators.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.