Nebraska Auction Laws
4 laws
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An Auction is Presumed to be ‘with Reserve Auction’ when a Minimum Bid is Declared by Auctioneer
In Marten v. Staab, 4 Neb. App. 19, (Neb. Ct. App. 1995), the Nebraska Court of Appeals held that, in auctions where a minimum bid is declared by the auctioneer or owner of property we must presume that the auction is ‘w...
Read moreJoint Responsibility of Auctioneer in Nebraska
Revised Statutes of Nebraska Annotated Chapter 77. Revenue and Taxation Article 27. Sales and Income Tax (b) Sales and Use Tax 77-2704.35. Agents treated as vendors; joint responsibility When the Tax Commissioner determi...
Read moreLiability of Auctioneer – Sale of Personal Property Subject to Security Interest in Nebraska
Revised Statutes of Nebraska Annotated Chapter 69. Personal Property Article 1. Security Interests 69-109.01. Security interest; personal property; sale by auctioneer; no liability under conditions specified. The auction...
Read moreWhen Sale of Auction Lot Final Nebraska
Revised Statutes of Nebraska Annotated Uniform Commercial Code (Refs & Annos) Article 2. Sales Part 3. General Obligation and Construction of Contract 2-328. Sale by auction (1) In a sale by auction if goods are put up i...
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