Neb. Rev. Stat. § 8-1705
This is the official text of Neb. Rev. Stat. § 8-1705, part of Nebraska’s Rev. Stat — part of the compiled statutory law of Nebraska, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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View Statute 8-1705
Official statutory text
(1) Commodity shall mean, except as otherwise specified by the director by rule, regulation, or order:
(a) Any agricultural, grain, or livestock product or byproduct;
(b) Any metal or mineral, including a precious metal;
(c) Any gem or gemstone, whether characterized as precious, semi-precious, or otherwise;
(d) Any fuel, whether liquid, gaseous, or otherwise;
(e) Any foreign currency; and
(f) All other goods, articles, products, or items of any kind.
(2) Commodity shall not include:
(a) A numismatic coin, the fair market value of which is at least fifteen percent higher than the value of the metal it contains;
(b) Real property or any timber, agricultural, or livestock product grown or raised on real property and offered or sold by the owner or lessee of such real property; or
(c) Any work of art offered or sold by art dealers at public auction or offered or sold through a private sale by the owner of such work.
Laws 1987, LB 575, § 5;
Laws 1993, LB 283, § 3.
(a) Any agricultural, grain, or livestock product or byproduct;
(b) Any metal or mineral, including a precious metal;
(c) Any gem or gemstone, whether characterized as precious, semi-precious, or otherwise;
(d) Any fuel, whether liquid, gaseous, or otherwise;
(e) Any foreign currency; and
(f) All other goods, articles, products, or items of any kind.
(2) Commodity shall not include:
(a) A numismatic coin, the fair market value of which is at least fifteen percent higher than the value of the metal it contains;
(b) Real property or any timber, agricultural, or livestock product grown or raised on real property and offered or sold by the owner or lessee of such real property; or
(c) Any work of art offered or sold by art dealers at public auction or offered or sold through a private sale by the owner of such work.
Laws 1987, LB 575, § 5;
Laws 1993, LB 283, § 3.
Status: in_force · Read it on the official government site
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