Nebraska § 59-1738 Disclosure document; disclose existence of bond or trust account

Nebraska Statutes

§ 59-1738 — Disclosure document; disclose existence of bond or trust account

Nebraska § 59-1738

Ch. 59Monopolies and Unlawful Restraint of Trade

This text of Nebraska § 59-1738 (Disclosure document; disclose existence of bond or trust account) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 59-1738 (2026).

Text

If the seller is required to secure a bond or establish a trust account pursuant to the requirements of sections 59-1726 to 59-1728 , the disclosure document required by section 59-1732 shall state either:

(1)Seller has secured a bond issued by ............., (name and address of surety company) a surety company admitted to do business in this state. Before signing a contract to purchase this seller-assisted marketing plan, you should check with the surety company to determine the bond's current status; or

(2)Seller has deposited with the Department of Banking and Finance information regarding its trust account. Before signing a contract to purchase this seller-assisted marketing plan, you should check with the Department of Banking and Finance to determine the current status of the

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If the seller is required to secure a bond or establish a trust account pursuant to the requirements of sections 59-1726 to 59-1728 , the disclosure document required by section 59-1732 shall state either:
(1) Seller has secured a bond issued by ............., (name and address of surety company) a surety company admitted to do business in this state. Before signing a contract to purchase this seller-assisted marketing plan, you should check with the surety company to determine the bond's current status; or
(2) Seller has deposited with the Department of Banking and Finance information regarding its trust account. Before signing a contract to purchase this seller-assisted marketing plan, you should check with the Department of Banking and Finance to determine the current status of the trust account.