Nebraska Statutes 59-1719. Seller-assisted marketing plan; sale of an ongoing business; excluded
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A seller-assisted marketing plan shall not include the sale of an ongoing business.
Terms Used In Nebraska Statutes 59-1719
- Ongoing business: shall mean one which for at least six months previous to the sale:
(1) Has been operated from a specific given location. See Nebraska Statutes 59-1714
- 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