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Nebraska Enacts Law Expanding Scope Of Installment Loan And Sales Act
On February 25, 2026, Nebraska Governor Jim Pillen signed Legislative Bill 717 (LB 717) into law. LB 717 will expand the scope of the Nebraska Installment Loan and Sales Act (the “ILSA”) —Nebraska’s primary licensing law that governs the origination, making, and servicing of non-mortgage consumer-purpose loans—by raising the threshold loan amount for licensing under the ILSA, imposing new disclosure requirements for ILSA licensees, and expanding the prohibition against making l
Mayer Brown