Legal Opinion · Concurrence

General Electric Credit Corp. v. Best Refrigerated Express, Inc.

Nebraska Supreme Court

Decided April 11, 1986No. 84-894Published

1ConcurrenceKrivosha, C. J.

I concur in the result reached by the majority in this case. Because, however, I have some question as to whether our decision in Rader v. Burnett, 175 Neb. 663, 122 N.W.2d 747 (1963), relied upon totally by the majority, correctly states the *503law with regard to suits brought by a lender under Neb. Rev. Stat. § 45-138 (Reissue 1984), I cannot join with the majority in its opinion. While it may be true that, generally, usury is a personal defense and therefore cannot be assigned, the issue in this case is complicated by the language of the statute. Section 45-138 provides that if a contract is…

2Cases cited2 opinions

  1. Farmland Enterprises, Inc. v. SchuemanNebraska Supreme Court · 1982
  2. Rader v. BurnettNebraska Supreme Court · 1963

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