Neb. Rev. Stat. §§ 21-1794

Current with changes through the 2024 First Special Legislative Session
Section 21-1794 - Participation loans

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.

Neb. Rev. Stat. §§ 21-1794

Laws 1996, LB 948, § 94.