21-2951 Duration of marketing contract; termination. - Nebraska Statutes

21-2951. Duration of marketing contract; termination.The initial duration of a marketing contract may not exceed ten years, but the contract may be made self-renewing for additional periods not exceeding five years each. Unless the contract provides for another manner or time for termination, either party may terminate the contract by giving notice in a record at least ninety days before the end of the current term. SourceLaws 2007, LB368, § 51; Laws 2008, LB848, § 12.