Section 54-2617 does not apply to any contract to purchase cattle for slaughter if the following conditions are met:

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Terms Used In Nebraska Statutes 54-2618

  • Contract: A legal written agreement that becomes binding when signed.
  • Month: shall mean calendar month. See Nebraska Statutes 49-801

(1) The contract to purchase cattle for slaughter specifies the month of delivery and allows the seller to set the week for delivery within such month; and

(2) The packer reports the contract information as required under section 54-2623, including specified delivery dates or times.