McCausland v. Bankers Life Insurance Co. of Nebraska

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• reversing trial court’s decision that due-on-sale clause coupled with seven-year prepayment prohibition acted as an unreasonable restraint on alienation
• fifteen-year note prohibited prepayment of principal during first seven years of loan but principal payment permitted during years eight through ten, if accompanied by 5% fee; after year ten, note could be prepaid without restriction
• unreasonable restraints on alienation are invalid
• unreasonable restraints on alienation are invalid

Source: CourtListener parenthetical corpus (CC0).