A seller-assisted marketing plan shall not include the renewal or extension of an existing seller-assisted marketing plan contract.

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Terms Used In Nebraska Statutes 59-1721

  • Contract: A legal written agreement that becomes binding when signed.
  • Seller-assisted marketing plan: shall mean the sale or lease or offer for sale or lease of any product, equipment, supplies, services, license, or any combination thereof which will be used by or on behalf of the purchaser to begin or maintain a business when:

    (1) The seller of the plan has advertised or in other manner solicited the purchase or lease of the plan. See Nebraska Statutes 59-1703