76-1719 Public-offering statement; cases in which not required. - Nebraska Statutes

76-1719. Public-offering statement; cases in which not required.A public-offering statement need not be prepared or delivered in the case of:(1) Any transfer of a time-share interval by any time-share interval owner other than the developer or his or her agent;(2) Any disposition pursuant to court order;(3) A disposition by a government or governmental agency;(4) A disposition by foreclosure or deed in lieu of foreclosure;(5) A disposition of a time-share interval in a time-share project situated wholly outside this state if all solicitations, negotiations, offerings, and contacts took place wholly outside this state and the contract was executed wholly outside this state;(6) A gratuitous transfer of a time-share interval; or(7) Group reservations made for fifteen or more people as a single transaction between a hotel and travel agent or travel groups for hotel accommodations, when deposits are made and held for more than three years in advance. SourceLaws 1980, LB 945, § 19; Laws 2001, LB 68, § 10.