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NE · SERVICE-AGMT · Updated July 2026 · Free

Nebraska Service Agreement

Review Status: PendingAuthor: Editorial TeamMethodology: Statutory Verification

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Nebraska at a glance: Default Interest: 6% per year (Neb. Rev. Stat. § 45-102) · Maximum Written: 16% per year (Neb. Rev. Stat. § 45-101.03) · Governing Law: Nebraska Statutes Chapter 45

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Overview

Service Agreements in Nebraska

Nebraska service agreements are governed by Chapter 45 of the Nebraska Statutes. Late fees must comply with the 6% statutory cap unless written (Neb. Rev. Stat. § 45-102).
Key Facts

Nebraska Service Agreement — Quick Reference

RequirementNebraska Rule
Default Interest6% per year (Neb. Rev. Stat. § 45-102)
Maximum Written16% per year (Neb. Rev. Stat. § 45-101.03)
Governing LawNebraska Statutes Chapter 45
Legal Requirements

Nebraska Legal Requirements

  • Late fees exceeding 6% per year must be in writing to be enforceable.
Governing Laws

Nebraska Governing Laws

Neb. Rev. Stat. § 45-102
Legal Rate of Interest
Defines contract default interest rates.

Read the full text of these laws at Cornell Law School's Nebraska legal resources or your state legislature's official website.

Questions & Answers

Nebraska Service Agreement — Frequently Asked Questions

What is the default contract interest rate in Nebraska?

The default rate is 6% per annum.