Nebraska Statutes 59-1713. Buy-back or secured investment, defined
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Buy-back or secured investment shall mean any representation which implies in any manner that the purchaser‘s initial payment is protected from loss.
Terms Used In Nebraska Statutes 59-1713
- Buy-back or secured investment: shall mean any representation which implies in any manner that the purchaser's initial payment is protected from loss. See Nebraska Statutes 59-1713
- Initial payment: shall mean the total amount a purchaser is obligated to pay under the terms of the seller-assisted marketing plan contract prior to or at the time of delivery of the equipment, supplies, products, or services or within six months of the purchaser commencing operation of the seller-assisted marketing plan. See Nebraska Statutes 59-1712
- Purchaser: shall mean a person who is solicited to become obligated or does become obligated on a seller-assisted marketing plan contract. See Nebraska Statutes 59-1706