Neb. Rev. Stat. §§ 45-1052

Current with changes through the 2024 First Special Legislative Session
Section 45-1052 - Borrower; loan; default; licensee; possession of collateral; restrictions

Upon default by a borrower with respect to a loan, unless the borrower voluntarily surrenders possession of the collateral to the licensee, the licensee may take possession of the collateral without judicial process only if possession can be taken without entry into a dwelling or a locked, unoccupied motor vehicle, and without the use of force or other breach of the peace.

Neb. Rev. Stat. §§ 45-1052

Laws 1979, LB 87, § 15; R.S.1943, (1998), § 45-182; Laws 2001, LB 53, § 80.