Neb. Rev. Stat. §§ 21-1713
Current with changes through the 2024 First Special Legislative Session
Line of credit shall mean a loan in which amounts are advanced to the borrower upon his or her request from time to time, pursuant to a preexisting contract and conditional or unconditional credit approval, and in which principal amounts repaid automatically replenish the funds available under the contract.
Neb. Rev. Stat. §§ 21-1713