Neb. Rev. Stat. § 8-1706
This is the official text of Neb. Rev. Stat. § 8-1706, 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 8-1706
Official statutory text
Commodity contract shall mean any account, agreement, or contract for the purchase or sale, primarily for speculation or investment purposes and not for use or consumption by the offeree or purchaser, of one or more commodities, whether for immediate or subsequent delivery or whether delivery is intended by the parties, and whether characterized as a cash contract, deferred shipment or deferred delivery contract, forward contract, futures contract, installment or margin contract, leverage contract, or otherwise. Any commodity contract offered or sold shall, in the absence of evidence to the contrary, be presumed to be offered or sold for speculation or investment purposes.
Laws 1987, LB 575, § 6;
Laws 1993, LB 283, § 4.
Laws 1987, LB 575, § 6;
Laws 1993, LB 283, § 4.
Status: in_force · Read it on the official government site
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