Find Laws Find Lawyers Free Legal Forms USA State Laws

NEBRASKA STATUTES AND CODES

75-905 Recourse to grain dealer's security; when.

75-905. Recourse to grain dealer's security; when.(1) No seller shall have recourse to the grain dealer's security unless the seller:(a) Demands payment from the grain dealer within thirty days after the date of the last shipment of any contract;(b) Negotiates any negotiable instrument issued as payment for grain by the grain dealer within thirty days after its issuance; and(c) Notifies the commission within thirty days after any apparent loss to be covered under the terms of the grain dealer's security.(2) The grain dealer's security shall provide security for direct delivery grain until any post-direct delivery storage position is created for a period not to exceed thirty days after the date of the last shipment of the contract. SourceLaws 1985, LB 389, § 7; Laws 1986, LB 1007, § 4; Laws 1996, LB 1123, § 3; Laws 2005, LB 52, § 3; Laws 2005, LB 439, § 3. AnnotationsGrain sellers claims on grain dealer's bond denied because claims were not filed with the Public Service Commission within 10 days of apparent loss. Fecht v. Quality Processing, 244 Neb. 522, 508 N.W.2d 236 (1993).A buyer's failure to give the seller a proper receipt as required by section 75-904 does not render null and void the time requirements of this section to preserve a claim against the buyer's security pursuant to section 75-906. Fecht v. The Bunnell Co., 243 Neb. 1, 497 N.W.2d 50 (1993).

Nebraska Forms by Issue

Nebraska Abortion Forms
Nebraska Business Forms
Nebraska Court Forms
> DUI
Nebraska Divorce Forms
Nebraska Family Forms
Nebraska Guardianship Forms
Nebraska Gun Forms
Nebraska Marriage Forms
Nebraska Name Change Forms
Nebraska Tax Forms

Nebraska Law

Nebraska State Laws
    > Nebraska Child Support
    > Nebraska Gun Laws
    > Nebraska Statute
Nebraska Tax
    > Nebraska State Tax
Nebraska Labor Laws
    > Nebraska Unemployment
Nebraska Agencies
    > Nebraska Department of Education
    > Nebraska Department of Revenue
    > Nebraska Department of Roads
    > Nebraska DMV
    > Nebraska State Patrol
    > Nebraska Workforce Development

Nebraska Lawyers

Daniel R Carnahan
Daniel R Carnahan
(308) 747-2063
288 Chardon Avenue
Chardon, NE

Practice Areas: Business, Government/Benefits, Real Estate

Dennis E Koley
Dennis E Koley
(402) 721-3900
Columbus Fed Svgs Bk Bg
Fremont, NE

Practice Areas: Real Estate

Andre R Barry
Andre R Barry
(402) 474-6900
1900 U.S. Bank Building
Lincoln, NE

Practice Areas: LIT

David R Buntain
David R Buntain
(402) 474-6900
1900 U.S. Bank Building
Lincoln, NE

Practice Areas: Employment

Gregory S Frayser
Gregory S Frayser
(402) 474-6900
1900 U.S. Bank Building
Lincoln, NE

Practice Areas: Bankruptcy

John L Horan
John L Horan
(402) 474-6900
1900 U.S. Bank Building
Lincoln, NE

Practice Areas: Bankruptcy

Nebraska Court Map

Tips