Nebraska § 60-1401.04 Auction, defined

Nebraska Statutes

§ 60-1401.04 — Auction, defined

Nebraska § 60-1401.04

Ch. 60Motor Vehicles

This text of Nebraska § 60-1401.04 (Auction, defined) 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. § 60-1401.04 (2026).

Text

Auction means
a sale of motor vehicles and trailers of types required to be registered in
this state, except such vehicles as are eligible for registration pursuant
to section  60-3,198 , sold or offered for sale at which the price offered is
increased by the prospective buyers who bid against one another, the highest
bidder becoming the purchaser. The holding of a farm auction or an occasional
motor vehicle or trailer auction of not more than two auctions in a calendar
year does not constitute an auction subject to the Motor Vehicle Industry
Regulation Act.

Free access — add to your briefcase to read the full text and ask questions with AI

Auction means
a sale of motor vehicles and trailers of types required to be registered in
this state, except such vehicles as are eligible for registration pursuant
to section 60-3,198 , sold or offered for sale at which the price offered is
increased by the prospective buyers who bid against one another, the highest
bidder becoming the purchaser. The holding of a farm auction or an occasional
motor vehicle or trailer auction of not more than two auctions in a calendar
year does not constitute an auction subject to the Motor Vehicle Industry
Regulation Act.