Unless otherwise agreed, interest shall be allowed at the rate of twelve percent per annum on money due on any instrument in writing, or on settlement of the account from the day the balance shall be agreed upon, on money received to the use of another and retained without the owner's consent, express or implied, from the receipt thereof, and on money loaned or due and withheld by unreasonable delay of payment. Unless otherwise agreed or provided by law, each charge with respect to unsettled accounts between parties shall bear interest from the date of billing unless paid within thirty days from the date of billing.
Neb. Rev. Stat. § 45-104
Interest; other contract obligations
Applied in 56 court decisions — leading case Knox v. Cook (1989)
Most recently applied in 32 Neb. Ct. App. 410 - Herink v. Bluestem Energy Solutions (November 2023)
Laws 1879, § 4, p. 114; R.S.1913, § 3349; C.S.1922, § 2837; C.S.1929, § 45-104; Laws 1933, c. 85, § 2, p. 336; C.S.Supp.,1941, § 45-104; R.S.1943, § 45-104; Laws 1980, LB 279, § 7.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.