Nebraska § 60-1401.07 Bona fide consumer, defined

Nebraska Statutes

§ 60-1401.07 — Bona fide consumer, defined

Nebraska § 60-1401.07

Ch. 60Motor Vehicles

This text of Nebraska § 60-1401.07 (Bona fide consumer, 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. § 60-1401.07 (2026).

Text

Bona fide consumer
means an owner of a motor vehicle, motorcycle, or trailer who has acquired
such vehicle for use in business or for pleasure purposes, who has been granted
a certificate of title on such motor vehicle, motorcycle, or trailer, and
who has registered such motor vehicle, motorcycle, or trailer, all in accordance
with the laws of the residence of the owner, except that no owner who sells
more than eight registered motor vehicles, motorcycles, or trailers within
a twelve-month period shall qualify as a bona fide consumer.

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Bona fide consumer
means an owner of a motor vehicle, motorcycle, or trailer who has acquired
such vehicle for use in business or for pleasure purposes, who has been granted
a certificate of title on such motor vehicle, motorcycle, or trailer, and
who has registered such motor vehicle, motorcycle, or trailer, all in accordance
with the laws of the residence of the owner, except that no owner who sells
more than eight registered motor vehicles, motorcycles, or trailers within
a twelve-month period shall qualify as a bona fide consumer.