Nebraska Statutes

§ 69-2308 — Sale of personal property; when required; notice of sale; requirements; disposition of proceeds

Nebraska·Ch. 69 Personal Property
(1)If the personal property is not released pursuant to section 69-2307 , it shall be sold at public sale by competitive bidding, except that if the landlord reasonably believes that the total resale value of the property not released is less than two thousand dollars, he or she may retain such property for his or her own use or dispose of it in any manner he or she chooses. At such time as the decision to sell or to retain is made, any locked trunk, valise, box, or other container shall be opened, if practicable, with as little damage as possible, and its contents evaluated. Nothing in this section shall be construed to preclude the landlord or the tenant from bidding on the property at the public sale. The successful bidder's title shall be subject to ownership rights, liens, and secur

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Nebraska § 69-2308 (Sale of personal property; when required; notice of sale; requirements; disposition of proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: Laws 1991, LB 36, § 8; Laws 2010, LB712, § 45; Laws 2016, LB1075, § 2. Cross References: Uniform Disposition of Unclaimed Property Act, see section 69-1329.

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