59-1601 Terms, defined. - Nebraska Statutes

59-1601. Terms, defined.For purposes of the Consumer Protection Act, unless the context otherwise requires:(1) Person shall mean natural persons, corporations, trusts, unincorporated associations, partnerships, and limited liability companies;(2) Trade and commerce shall mean the sale of assets or services and any commerce directly or indirectly affecting the people of the State of Nebraska; and(3) Assets shall mean any property, tangible or intangible, real, personal, or mixed, and wherever situated, and any other thing of value. SourceLaws 1974, LB 1028, § 8; Laws 1993, LB 121, § 378. AnnotationsThe Consumer Protection Act is equitable in nature. State ex rel. Stenberg v. Consumer's Choice Foods, 276 Neb. 481, 755 N.W.2d 583 (2008).