reglab/statecodes huggingface dataset:
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1305 - Stock, shareholding, or other intangible ownership interest; presumed abandoned; when.

69-1305.
Stock, shareholding, or other intangible ownership interest; presumed abandoned; when.
(a) Any stock, shareholding, or other intangible ownership interest in a business association, the existence of which is evidenced by records available to the association, is presumed abandoned and, with respect to the interest, the association is the holder, if:
(1) The interest in the association is owned by a person who for more than five years has not claimed a dividend, distribution, or other sum payable as a result of the interest or has not communicated with the association regarding the interest or a dividend, distribution, or other sum payable as a result of the interest, as evidenced by a memorandum or other record on file with the association prepared by an employee of the association; and
(2) The association does not know the location of the owner at the end of the five-year period.
(b) The return of official shareholder notifications or communications by the postal service as undeliverable shall be evidence that the association does not know the location of the owner.
(c) The Uniform Disposition of Unclaimed Property Act shall be applicable to both the underlying stock, shareholdings, or other intangible ownership interests of an owner, and any stock, shareholdings, or other intangible ownership interest of which the business association is in possession of the certificate or other evidence or indicia of ownership, and to the stock, shareholdings, or other intangible ownership interests of dividend- and non-dividend-paying business associations whether or not the interest is represented by a certificate.
Source
Laws 1969, c. 611, § 5, p. 2482;
Laws 1986, LB 212, § 1;
Laws 1992, Third Spec. Sess., LB 26, § 7;
Laws 1994, LB 1048, § 1.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1305.01 - Stock or other intangible ownership interest; applicability of act; conditions.

69-1305.01.
Stock or other intangible ownership interest; applicability of act; conditions.
The Uniform Disposition of Unclaimed Property Act does not apply to any stock or other intangible ownership interest enrolled in a plan that provides for the automatic reinvestment of dividends, distributions, or other sums payable as a result of the interest unless:
(a) The records available to the administrator of the plan show, with respect to any intangible ownership interest not enrolled in the reinvestment plan, that the owner has not within five years communicated in any manner described in subdivision (a)(1) of section 69-1305; or
(b) Five years have elapsed since the location of the owner became unknown to the business association as evidenced by the return of official shareholder notifications or communications by the postal service as undeliverable and the owner has not within those five years communicated in any manner described in subdivision (a)(1) of section 69-1305. The five-year period from the return of official shareholder notifications or communications shall commence from the return of the notification or communication.
Source
Laws 1994, LB 1048, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1305.02 - Credit memo; presumed abandoned; when.

69-1305.02.
Credit memo; presumed abandoned; when.
A credit memo that remains unredeemed for more than three years after issuance is presumed abandoned and the amount presumed abandoned is the amount credited, as shown on the memo itself.
Source
Laws 1994, LB 1048, § 3;
Laws 2006, LB 173, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1305.03 - Gift certificate or gift card; presumed abandoned; when.

69-1305.03.
Gift certificate or gift card; presumed abandoned; when.
(a) A gift certificate or gift card which is not assessed any fees and does not have an expiration date shall not be presumed to be abandoned.
(b) A gift certificate or gift card which contains an expiration date or requires any type of post-sale finance charge or fee which is unredeemed for a period of three years from the date of issuance shall be presumed abandoned.
(c) A gift certificate or gift card issued prior to November 2, 2006, which contains an expiration date or requires any type of post-sale finance charge or fee and has not been redeemed shall not be presumed abandoned if the issuer's policy and practice as of July 1, 2006, is to waive all post-sale charges or fees and to honor such gift certificate or gift card, at no additional cost to the holder whenever presented at full face value or the value remaining after any applicable purchases, expiration date notwithstanding. A written notice of such policy and practice shall be posted conspicuously by July 1, 2006, in not smaller than ten-point type, at each site in all Nebraska locations at which the issuer distributes or redeems a gift certificate or gift card.
(d) In the case of a gift certificate or gift card, the amount presumed abandoned is the face amount of the certificate or card itself, less the total amount of any applicable purchases and fees.
(e) A gift certificate or gift card subject to a fee shall contain a statement clearly and conspicuously printed on it stating whether there is a fee, the amount of the fee, how often the fee will occur, that the fee is triggered by inactivity of the gift certificate or gift card, and when the fee will be assessed. The statement may appear on the front or back of the gift certificate or gift card in a location where it is visible to a purchaser prior to the purchase.
(f) A gift certificate or gift card subject to an expiration date shall contain a statement clearly and conspicuously printed on the gift certificate or gift card stating the expiration date. The statement may appear on the front or back of the gift certificate or gift card in a location where it is visible to a purchaser prior to the purchase.
(g) This section does not apply to a general-use prepaid card.
Source
Laws 2006, LB 173, § 3;
Laws 2008, LB668, § 1.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1306 - Intangible personal property distributable in voluntary dissolution; presumed abandoned; when.

69-1306.
Intangible personal property distributable in voluntary dissolution; presumed abandoned; when.
All intangible personal property distributable in the course of a voluntary dissolution of a business association, banking organization, or financial organization organized under the laws of or created in this state, that is unclaimed by the owner within two years after the date for distribution, is presumed abandoned.
Source
Laws 1969, c. 611, § 6, p. 2482;
Laws 1992, Third Spec. Sess., LB 26, § 8.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307 - Intangible personal property and increment held in a fiduciary capacity; presumed abandoned; when.

69-1307.
Intangible personal property and increment held in a fiduciary capacity; presumed abandoned; when.
All intangible personal property and any income or increment thereon, held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner has, within five years after it becomes payable or distributable, increased or decreased the principal, accepted payment of principal or income, corresponded in writing concerning the property, or otherwise indicated an interest as evidenced by a memorandum on file with the fiduciary:
(a) If the property is held by a banking organization or a financial organization, or by a business association organized under the laws of or created in this state; or
(b) If it is held by a business association, doing business in this state, but not organized under the laws of or created in this state, and the records of the business association indicate that the last-known address of the person entitled thereto is in this state; or
(c) If it is held in this state by any other person.
Source
Laws 1969, c. 611, § 7, p. 2482;
Laws 1992, Third Spec. Sess., LB 26, § 9.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.01 - Intangible personal property held by court, public entities, or political subdivision; presumed abandoned; when.

69-1307.01.
Intangible personal property held by court, public entities, or political subdivision; presumed abandoned; when.
Except as otherwise provided by law, all intangible personal property held for the owner by any court, public corporation, public authority, or public officer of this state, or a political subdivision thereof, that has remained unclaimed by the owner for more than three years is presumed abandoned.
Source
Laws 1992, Third Spec. Sess., LB 26, § 10.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.02 - Unpaid wages; presumed abandoned; when.

69-1307.02.
Unpaid wages; presumed abandoned; when.
Unpaid wages, including wages represented by payroll checks owing in the ordinary course of the holder's business which remain unclaimed by the owner for more than one year after becoming payable, are presumed abandoned.
Source
Laws 1992, Third Spec. Sess., LB 26, § 11.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.03 - Retirement funds; presumed abandoned; when.

69-1307.03.
Retirement funds; presumed abandoned; when.
All intangible property and any income or increment derived therefrom held in an individual retirement account, a retirement plan for self-employed individuals, or similar account or plan established pursuant to the internal revenue laws of the United States, which has not been paid or distributed for more than thirty days after the earliest of the following: (a) The actual date of distribution or attempted distribution; (b) the date contracted for distribution in the plan or trust agreement governing the account or plan; or (c) the date specified in the internal revenue law of the United States by which distribution must begin in order to avoid a tax penalty, is presumed abandoned unless the owner or beneficiary within the five years preceding any such date has made additional payments or transfers of property to the account or plan, was paid or received a distribution, communicated concerning the property, or otherwise indicated an interest as evidenced by a memorandum or other record on file with the account or plan fiduciary.
Source
Laws 1994, LB 1048, § 4.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.04 - Mineral rights and proceeds; presumed abandoned; when.

69-1307.04.
Mineral rights and proceeds; presumed abandoned; when.
(a) For purposes of this section, unless the context otherwise requires:
(1) Mineral means oil, gas, uranium, sulphur, lignite, coal, and any other substance that is ordinarily and naturally considered a mineral, regardless of the depth at which the oil, gas, uranium, sulphur, lignite, coal, or other substance is found; and
(2) Mineral proceeds includes:
(i) All obligations to pay resulting from the production and sale of minerals, including net revenue interest, royalties, overriding royalties, production payments, and joint operating agreements; and
(ii) All obligations for the acquisition and retention of a mineral lease, including bonuses, delay rentals, shut-in royalties, and minimum royalties.
(b) Any sum payable as mineral proceeds and the underlying right to receive mineral proceeds are presumed abandoned if any sum payable as mineral rights has remained unclaimed by the owner for more than three years after it became payable or distributable. At the time an owner's underlying right to receive mineral proceeds is presumed abandoned, any mineral proceeds then owing to the owner and any proceeds accruing after that time are presumed abandoned.
(c) A holder may not deduct any amount from mineral proceeds unless:
(1) There is an enforceable written contract between the holder and the owner of the mineral proceeds pursuant to which the holder may impose a charge;
(2) For mineral proceeds in excess of five dollars, the holder, no more than three months before the initial imposition of those charges, has mailed written notice to the owner of the amount of those charges at the last-known address of the owner stating that those charges will be imposed, but the notice provided in this section need not be given with respect to charges imposed before July 16, 1994; and
(3) The holder regularly imposes such charges and in no instance reverses or otherwise cancels them.
(d) Charges imposed pursuant to subsection (c) of this section may be made and collected monthly, quarterly, or annually. However, beginning with July 16, 1994, the cumulative amount of charges shall not exceed twelve dollars per year, and shall only be charged for a maximum of two calendar years.
Source
Laws 1994, LB 1048, § 5.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.05 - Intangible personal property held by life insurance corporation; presumed abandoned; when.

69-1307.05.
Intangible personal property held by life insurance corporation; presumed abandoned; when.
All intangible personal property distributable in the course of a demutualization or related reorganization of a life insurance corporation that remains unclaimed is presumed abandoned two years after the date of the distribution of the property.
Source
Laws 2003, LB 424, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.06 - Military medal; report and delivery to State Treasurer.

69-1307.06.
Military medal; report and delivery to State Treasurer.
Any military medal that is removed from a safe deposit box or any other safekeeping repository or agency or collateral deposit box on which the lease or rental period has expired due to nonpayment of rental charges or other reasons shall not be sold or otherwise disposed of but shall be retained by the holder for the lessee of the box until reported and delivered to the State Treasurer in accordance with this section. Such report shall be made in compliance with section 69-1310. The holder shall, at the time of filing the report and with the report, deliver the military medal to the State Treasurer for safekeeping by the State Treasurer in accordance with section 69-1307.07.
Source
Laws 2012, LB819, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1307.07 - Military medals; State Treasurer; duties.

69-1307.07.
Military medals; State Treasurer; duties.
The State Treasurer, upon receiving military medals, shall hold and maintain the military medals for ten years or until the original owner or the owners' respective heirs or beneficiaries can be identified and the military medals returned. After ten years, the State Treasurer may designate a veteran's organization, an awarding agency, or a governmental entity as the custodian of the military medals. Once the military medals are turned over to a veteran's organization, an awarding agency, or a governmental entity, the State Treasurer will no longer be responsible for the safekeeping of the military medals.
Source
Laws 2012, LB819, § 3.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1308 - Other intangible property; general-use prepaid card; presumed abandoned; when.

69-1308.
Other intangible property; general-use prepaid card; presumed abandoned; when.
(a) Except as provided in subsection (b) of this section, all intangible personal property, not otherwise covered by the Uniform Disposition of Unclaimed Property Act, including any income or increment thereon after deducting any lawful charges, that is held or owing in this state in the ordinary course of the holder's business and has remained unclaimed by the owner for more than five years after it became payable or distributable, is presumed abandoned.
(b) The unredeemed value of a general-use prepaid card, including any income or increment thereon after deducting any lawful charges, that is held or owing in this state in the ordinary course of the holder's business and has remained unclaimed by the owner for more than five years after the last transaction initiated by the card owner, is presumed abandoned.
Source
Laws 1969, c. 611, § 8, p. 2483;
Laws 1992, Third Spec. Sess., LB 26, § 12;
Laws 2006, LB 173, § 4.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1309 - Owner in another state; property not presumed abandoned; when.

69-1309.
Owner in another state; property not presumed abandoned; when.
If specific property which is subject to the provisions of sections 69-1302 and 69-1305 to 69-1308 is held for or owed or distributable to an owner whose last-known address is in another state by a holder who is subjected to the jurisdiction of that state, the specific property is not presumed abandoned in this state and subject to sections 69-1301 to 69-1329 if:
(a) It may be claimed as abandoned or escheated under the laws of such other state; and
(b) The laws of such other state make reciprocal provision that similar specific property is not presumed abandoned or escheatable by such other state when held for or owed or distributable to an owner whose last-known address is within this state by a holder who is subject to the jurisdiction of this state.
Source
Laws 1969, c. 611, § 9, p. 2483.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1311 - Report of property presumed abandoned; notices; time; contents; exceptions.

69-1311.
Report of property presumed abandoned; notices; time; contents; exceptions.
(a) Between March 1 and March 10 of each year the State Treasurer shall cause notice to be published once in an English language legal newspaper of general circulation in the county in this state in which is located the last-known address of any person to be named in the notice. If no address is known, then the notice shall be published in a legal newspaper having statewide circulation.
(b) The published notice shall be entitled Notice to Owners of Abandoned Property, and shall contain:
(1) The names in alphabetical order and counties of last-known addresses, if any, of persons listed in the report and entitled to notice as provided in subsection (a) of this section.
(2) A statement that information concerning the amount or description of the property and the name and address of the holder may be obtained by any person possessing an interest in the property by addressing an inquiry to the State Treasurer.
(c) The State Treasurer is not required to publish in such notice any item of less than fifty dollars unless he or she deems such publication to be in the public interest.
(d) Within one hundred twenty days from the receipt of the report required by section 69-1310, the State Treasurer shall mail a notice to each person having an address listed therein who appears to be entitled to property of the value of fifty dollars or more presumed abandoned under the Uniform Disposition of Unclaimed Property Act.
(e) The mailed notice shall contain:
(1) A statement that, according to a report filed with the State Treasurer, property is being held to which the addressee appears entitled.
(2) The name and address of the person holding the property and any necessary information regarding changes of name and address of the holder.
(3) A statement that, if satisfactory proof of claim is presented by the owner to the State Treasurer, arrangements will be made to transfer the property to the owner as provided by law.
(f) This section is not applicable to sums payable on traveler's checks or money orders presumed abandoned under section 69-1302.
Source
Laws 1969, c. 611, § 11, p. 2485;
Laws 1971, LB 648, § 1;
Laws 1977, LB 305, § 5;
Laws 2005, LB 476, § 1;
Laws 2019, LB406, § 3.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1312 - Delivery of property to State Treasurer; exceptions.

69-1312.
Delivery of property to State Treasurer; exceptions.
Every person who has filed a report under section 69-1310, or in the case of sums payable on traveler's checks or money orders presumed abandoned under section 69-1302, shall pay or deliver to the State Treasurer all abandoned property specified in this report, except that, if the owner establishes his right to receive the abandoned property to the satisfaction of the holder within the time specified in section 69-1311, or if it appears that for some other reason the presumption of abandonment is erroneous, the holder need not pay or deliver the property, which will no longer be presumed abandoned, to the State Treasurer, but in lieu thereof shall file a verified written explanation of the proof of claim or of the error in the presumption of abandonment.
Source
Laws 1969, c. 611, § 12, p. 2486;
Laws 1977, LB 305, § 6.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1313 - Property; delivery to State Treasurer; custodian; holder relieved of liability; reimbursement.

69-1313.
Property; delivery to State Treasurer; custodian; holder relieved of liability; reimbursement.
Upon the payment or delivery of abandoned property to the State Treasurer or upon payment or delivery of property to the State Treasurer pursuant to section 69-1321, the state shall assume custody and shall be responsible for the safekeeping thereof. Any person who pays or delivers abandoned property to the State Treasurer under the Uniform Disposition of Unclaimed Property Act or who pays or delivers property to the State Treasurer pursuant to section 69-1321 is relieved of all liability to the extent of the value of the property so paid or delivered for any claim which then exists or which thereafter may arise or be made in respect to the property. Any holder who has paid money to the State Treasurer pursuant to the act may make payment to any person appearing to such holder to be entitled thereto, and upon proof of such payment and proof that the payee was entitled thereto, the State Treasurer shall forthwith reimburse the holder for the payment.
Source
Laws 1969, c. 611, § 13, p. 2487;
Laws 1992, Third Spec. Sess., LB 26, § 14.
Cross References
State Treasurer, credit to the State Treasurer Administrative Fund, see section 84-617.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1314 - Property paid or delivered to State Treasurer; owner not entitled to income.

69-1314.
Property paid or delivered to State Treasurer; owner not entitled to income.
When property is paid or delivered to the State Treasurer under sections 69-1301 to 69-1329, the owner is not entitled to receive income or other increments accruing thereafter.
Source
Laws 1969, c. 611, § 14, p. 2487.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1315 - Limitation of action; claim; effect.

69-1315.
Limitation of action; claim; effect.
(a) The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or recovery of property, shall not prevent the money or property from being presumed abandoned property, nor affect any duty to file a report required by the Uniform Disposition of Unclaimed Property Act or to pay or deliver abandoned property to the State Treasurer. Holders shall not be required to report or to pay or to deliver abandoned property or unclaimed funds as to which the statute of limitations applicable to the enforcement of any claim to such property shall have expired prior to December 25, 1969.
(b) No action or proceeding may be commenced by the State Treasurer with respect to any duty of a holder under the act more than seven years after the holder files a report for the period in which the duty arose. This subsection shall not apply to holders described in section 69-1307.01.
Source
Laws 1969, c. 611, § 15, p. 2487;
Laws 1992, Third Spec. Sess., LB 26, § 15.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1316 - Abandoned property; State Treasurer; sell; when; notice; title.

69-1316.
Abandoned property; State Treasurer; sell; when; notice; title.
(a) Except as provided in section 69-1321, all abandoned property other than money, securities, bonds, or similar property delivered to the State Treasurer under the Uniform Disposition of Unclaimed Property Act shall be sold by him or her to the highest bidder at public sale in whatever city in the state affords in his or her judgment the most favorable market for the property involved. The State Treasurer shall hold the sale whenever he or she decides, but a sale must be conducted at least once every five years. The State Treasurer may decline the highest bid and reoffer the property for sale if he or she considers the price bid insufficient. He or she need not offer any property for sale if, in his or her opinion, the probable cost of sale exceeds the value of the property.
(b) Any sale held under this section shall be preceded by a single publication of notice thereof, at least three weeks in advance of sale in an English language newspaper of general circulation in the county where the property is to be sold.
(c) The purchaser at any sale conducted by the State Treasurer pursuant to the act shall receive title to the property purchased, free from all claims of the owner or prior holder thereof and of all persons claiming through or under them. The State Treasurer shall execute all documents necessary to complete the transfer of title.
(d) Securities listed on an established stock exchange shall be sold at the prevailing prices on the exchange. Other securities may be sold over the counter at prevailing prices or by another commercially reasonable method. All securities presumed abandoned under the act and delivered to the State Treasurer shall be held for at least three years before he or she sells them. A person making a claim under this section is entitled to receive either the securities delivered to the State Treasurer by the holder, if they still remain in the hands of the State Treasurer, or the proceeds received from the sale, but no person has any claim under this section against the state, the holder, any transfer agent, any registrar, or any other person acting for or on behalf of a holder for any appreciation in the value of the property occurring after delivery by the holder to the State Treasurer.
Source
Laws 1969, c. 611, § 16, p. 2487;
Laws 1992, Third Spec. Sess., LB 26, § 16;
Laws 1994, LB 1048, § 7.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1318 - Person claiming interest in property delivered to state; claim; filing; directed to nonprofit organization, when.

69-1318.
Person claiming interest in property delivered to state; claim; filing; directed to nonprofit organization, when.
(1) Any person claiming an interest in any property delivered to the state under section 24-345 and the Uniform Disposition of Unclaimed Property Act may file a claim thereto or to the proceeds from the sale thereof on the form prescribed by the State Treasurer.
(2) As directed by the claimant, the State Treasurer or his or her designee shall pay over or deliver any property, proceeds, and other sums payable to the claimant, to a nonprofit organization nominated by the State Treasurer.
Source
Laws 1969, c. 611, § 18, p. 2489;
Laws 1980, LB 572, § 3;
Laws 2021, LB532, § 6.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1318.01 - Payment with respect to support order obligor authorized.

69-1318.01.
Payment with respect to support order obligor authorized.
The State Treasurer may make payment on a claim filed under the Uniform Disposition of Unclaimed Property Act by a person who is not the owner of the property, or by a legal representative of such person, when the owner is an obligor, as defined in section 43-3341, and the person filing the claim is an obligee, as defined in such section. Such payments shall only be made to credit an arrearage of an obligor.
Source
Laws 2006, LB 771, § 1.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1319 - Claim; hearing; decision; payment.

69-1319.
Claim; hearing; decision; payment.
(a) The State Treasurer shall consider any claim filed under sections 69-1301 to 69-1329 and may hold a hearing and receive evidence concerning it. If a hearing is held he shall prepare a finding and a decision in writing on each claim filed, stating the substance of any evidence heard by him and the reasons for his decision. The decision shall be a public record.
(b) If the claim is allowed, the State Treasurer shall make payment forthwith. The claim shall be paid without deduction for costs of notices or sale or for service charges.
Source
Laws 1969, c. 611, § 19, p. 2489.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1320 - Claim; appeal; procedure.

69-1320.
Claim; appeal; procedure.
Any person aggrieved by a decision of the State Treasurer or as to whose claim the State Treasurer has failed to act within ninety days after the filing of the claim may appeal, and the appeal shall be in accordance with the Administrative Procedure Act.
Source
Laws 1969, c. 611, § 20, p. 2489;
Laws 1988, LB 352, § 110.
Cross References
Administrative Procedure Act, see section 84-920.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1321 - Abandoned property; State Treasurer; decline to accept; when; other payments or delivery authorized.

69-1321.
Abandoned property; State Treasurer; decline to accept; when; other payments or delivery authorized.
(a) The State Treasurer or his or her designee, after receiving reports of property deemed abandoned pursuant to the Uniform Disposition of Unclaimed Property Act, may decline to receive any property reported which he or she deems to have a value less than the cost of giving notice and holding sale, or he or she may, if he or she deems it desirable because of the small sum involved, postpone taking possession until a sufficient sum accumulates. Unless the holder of the property is notified to the contrary within one hundred twenty days after filing the report required under section 69-1310, the State Treasurer or his or her designee shall be deemed to have elected to receive the custody of the property.
(b) A holder may pay or deliver property before the property is presumed abandoned with written consent of the State Treasurer or his or her designee and upon conditions and terms prescribed by the State Treasurer or his or her designee. Property paid or delivered under this subsection shall be held by the State Treasurer and is not presumed abandoned until such time as it otherwise would be presumed abandoned under the act.
Source
Laws 1969, c. 611, § 21, p. 2489;
Laws 1992, Third Spec. Sess., LB 26, § 18;
Laws 2019, LB406, § 5.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1322 - Failure to report property; State Treasurer; powers and duties; holder; duties.

69-1322.
Failure to report property; State Treasurer; powers and duties; holder; duties.
(a) If the State Treasurer has reason to believe that any person has failed to report property in accordance with the Uniform Disposition of Unclaimed Property Act, the State Treasurer may demand that such person file a verified report or otherwise comply with the act within thirty days of the demand.
(b) The State Treasurer may at reasonable times and upon reasonable notice examine the records of any person if he or she has reason to believe that such person has failed to report property that should have been reported pursuant to the act.
(c) If an examination of the records of a person results in the disclosure of property reportable under the act, the State Treasurer may assess the cost of the examination against the holder but in no case may the charges exceed the value of the property found to be reportable.
(d)(1) Every holder required to file a report under section 69-1310, as to any property for which it has obtained the last-known address of the owner, shall maintain a record of the name and last-known address of the owner for seven years after the property becomes reportable, except to the extent that a shorter time is provided in subdivision (2) of this subsection or by rule of the State Treasurer.
(2) Any holder that sells in this state its travelers checks, money orders, or other similar written instruments on which the holder is directly liable, or that provides such instruments to others for sale in this state, shall maintain a record of those instruments while they remain outstanding, indicating the state and date of issue for three years after the date the property is reportable.
Source
Laws 1969, c. 611, § 22, p. 2489;
Laws 1992, Third Spec. Sess., LB 26, § 19.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1323 - Refusal to deliver property; action to enforce delivery.

69-1323.
Refusal to deliver property; action to enforce delivery.
If any person refuses to deliver property to the State Treasurer as required under sections 69-1301 to 69-1329, he shall bring an action in a court of appropriate jurisdiction to enforce such delivery.
Source
Laws 1969, c. 611, § 23, p. 2490.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1324 - Failing to render report or refusing to pay or deliver property; penalty.

69-1324.
Failing to render report or refusing to pay or deliver property; penalty.
(a) A person who fails to pay or deliver property within the time prescribed by the Uniform Disposition of Unclaimed Property Act shall be required to pay to the State Treasurer interest calculated pursuant to section 45-103 as such section was in effect on the date the property should have been paid or delivered on the value of the property from the date the property should have been paid or delivered.
(b) A person who willfully fails to render any report or perform other duties required under the act shall pay a civil penalty of one hundred dollars for each day the report is withheld or the duty is not performed, but not more than five thousand dollars.
(c) A person who willfully fails to pay or deliver property to the State Treasurer as required under the act shall pay a civil penalty equal to twenty-five percent of the value of the property that should have been paid or delivered.
(d) The interest or penalty or any portion thereof as imposed by subsections (a), (b), or (c) of this section may be waived or remitted by the State Treasurer for good cause shown.
(e) Any person who willfully refuses to pay or deliver abandoned property to the State Treasurer as required under the act shall be guilty of a Class II misdemeanor.
Source
Laws 1969, c. 611, § 24, p. 2490;
Laws 1977, LB 39, § 135;
Laws 1992, Third Spec. Sess., LB 26, § 20.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1325 - State Treasurer; rules and regulations; adopt.

69-1325.
State Treasurer; rules and regulations; adopt.
The State Treasurer is hereby authorized to make necessary rules and regulations to carry out the provisions of sections 69-1301 to 69-1329.
Source
Laws 1969, c. 611, § 25, p. 2490.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1326 - Property exempt from act.

69-1326.
Property exempt from act.
Sections 69-1301 to 69-1329 shall not apply to any property that has been presumed abandoned or escheated under the laws of another state prior to December 25, 1969.
Source
Laws 1969, c. 611, § 26, p. 2490;
Laws 1978, LB 859, § 1.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1327 - Act, severability.

69-1327.
Act, severability.
If any provision of sections 69-1301 to 69-1329 or the application thereof to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to this end the provisions of sections 69-1301 to 69-1329 are severable.
Source
Laws 1969, c. 611, § 27, p. 2490.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1328 - Act, how construed.

69-1328.
Act, how construed.
Sections 69-1301 to 69-1329 shall be so construed as to effectuate their general purpose to make uniform the law of those states which enact them.
Source
Laws 1969, c. 611, § 28, p. 2490.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1329 - Act, how cited.

69-1329.
Act, how cited.
Sections 69-1301 to 69-1329 shall be known and may be cited as the Uniform Disposition of Unclaimed Property Act.
Source
Laws 1969, c. 611, § 29, p. 2490;
Laws 1992, Third Spec. Sess., LB 26, § 21;
Laws 1994, LB 1048, § 9;
Laws 2003, LB 424, § 5;
Laws 2006, LB 173, § 5;
Laws 2006, LB 771, § 2;
Laws 2012, LB819, § 4.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1330 - Certain unclaimed property; disposition.

69-1330.
Certain unclaimed property; disposition.
Any property that shall come into the possession of the county sheriff of any county by virtue of his or her office, the disposition of which is not otherwise provided for by law, and which appears to be abandoned or unclaimed, may be sold at auction or disposed of as provided in sections 69-1330 to 69-1332.
Source
Laws 1981, LB 280, § 1.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1331 - Unclaimed property; sale; disposal; procedure.

69-1331.
Unclaimed property; sale; disposal; procedure.
If the property described in section 69-1330 shall remain unclaimed for a period of not less than one hundred eighty days, the county sheriff may sell such property at auction. Prior to such sale the county sheriff shall cause a list of all property subject to sale to be published once a week for three consecutive weeks in a newspaper of general circulation in the county in which he or she holds office. If such property is not bid upon at sale, or the county sheriff reasonably believes that such property has little or no sale value, he or she may dispose of such property. Before the county sheriff may dispose of such property he or she shall submit a plan for disposing of such property to the county board for its approval. Upon the approval of the board, the county sheriff may dispose of such property in the manner approved and shall be exempt from any civil liability for such action.
Source
Laws 1981, LB 280, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1332 - Unclaimed property; sale proceeds; disposition.

69-1332.
Unclaimed property; sale proceeds; disposition.
The county sheriff shall pay over to the county treasurer the proceeds of any sale authorized by sections 69-1330 to 69-1332, less the reasonable expenses of such sale. The county treasurer shall hold such proceeds for a period of two years from the date of sale. If at the end of such period no person has presented a lawful claim to the proceeds of such sale, the county treasurer shall deposit such proceeds, including any interest thereon, to the general fund of the county and any claims thereon shall be extinguished.
Source
Laws 1981, LB 280, § 3.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1502 - Prices for implements, machinery, and parts; how determined.

69-1502.
Prices for implements, machinery, and parts; how determined.
The prices of farm implements, machinery, and repair parts therefor, required to be paid to any retail dealer as provided in section 69-1501, shall be determined by taking one hundred percent of the net cost on farm implements, machinery, and attachments, and eighty-five percent of the current net price of repair parts therefor as shown upon the manufacturer's, wholesaler's or distributor's price lists or catalogs in effect at the time such contract is canceled or discontinued.
Source
Laws 1971, LB 699, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1503 - Manufacturer, wholesaler, or distributor; failure to furnish or make payment; liability; damages.

69-1503.
Manufacturer, wholesaler, or distributor; failure to furnish or make payment; liability; damages.
In the event that any manufacturer, wholesaler, or distributor of farm machinery, farm implements, and repair parts for farm machinery and farm implements, or of repair parts therefor, upon cancellation of a contract by either a retailer or a manufacturer, wholesaler, or distributor, fails or refuses to make payment to such dealer as required by section 69-1501, or refuses to supply farm machinery, farm implements, and repair parts for farm machinery and farm implements, or repair parts therefor, to any retailer of such products who may have a retail sales contract with such manufacturer, wholesaler, or distributor dated after July 1, 1971, but before May 2, 1991, which has an expiration date, such manufacturer, wholesaler, or distributor shall be liable in a civil action to be brought by such retailer for one hundred percent of the net cost of such farm implements, machinery, and attachments, plus transportation charges which have been paid by the retailer and eighty-five percent of the current net price of repair parts, plus five percent for handling, packing, and loading plus freight charges which have been paid by the retailer.
Source
Laws 1971, LB 699, § 3;
Laws 1991, LB 123, § 13.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1504 - Retail dealer; majority stockholder; death; settlement with heirs.

69-1504.
Retail dealer; majority stockholder; death; settlement with heirs.
In the event of the death of the retail dealer or majority stockholder in a corporation operating a retail dealership in the business of selling and retailing farm implements or repair parts for farm implements, the wholesaler, distributor, or manufacturer who supplied such merchandise shall repurchase from the heir or heirs of such retail dealer or majority stockholder such merchandise at a sum equal to one hundred percent of the net cost of all current unused complete farm implements including transportation charges which have been paid by such retailer, and eighty-five percent of the current net prices on repair parts, including superseded parts, listed in current price lists or catalogs, plus a sum equal to five percent of the current net price of all parts returned for handling, packing, and loading of such parts, unless such heir or heirs agree to continue to operate such retail dealership. In the event such heir or heirs do not agree to continue to operate such retail dealership, it shall be deemed a cancellation or discontinuance of contract by the retailer under the provisions of section 69-1501, and as such the heir or heirs may exercise any rights and privileges under the provisions of sections 69-1501 to 69-1504.
Source
Laws 1971, LB 699, § 4.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1602 - Disclosure obligations.

69-1602.
Disclosure obligations.
In a home solicitation sale the seller shall, at the outset, clearly and expressly disclose the seller's individual name, the name of the business firm or organization he represents, and the identity or kind of goods or services he offers to sell.
Source
Laws 1974, LB 212, § 2.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1603 - Right to cancel; manner of cancellation.

69-1603.
Right to cancel; manner of cancellation.
(1) In addition to any right otherwise to revoke an offer, to rescind the transaction or to exercise any remedy for the seller's breach, a buyer may cancel a home solicitation sale until midnight of the third business day after the seller has given notice to the buyer in accordance with section 69-1604.
(2) Notice of cancellation shall be by mail addressed to the seller and shall be considered given at the time mailed.
(3) Notice of cancellation by the buyer need not take a particular form and is sufficient if it indicates by any form of written expression the intention of the buyer not to be bound by such home solicitation sale.
Source
Laws 1974, LB 212, § 3.
Annotations
For the purposes of this section, "business day" is defined as any calendar day except Sunday or any federal holiday. Flodman v. Robinson, 22 Neb. App. 943, 864 N.W.2d 716 (2015).
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1605 - Cancellation, effect.

69-1605.
Cancellation, effect.
(1) Within ten days after a home solicitation sale has been canceled, the seller shall cause any money paid by the buyer, including a downpayment, to be returned to the buyer and shall take appropriate action to reflect the termination of the transaction including any security interest created as a result.
(2) Upon cancellation, as allowed by sections 69-1601 to 69-1607, the buyer shall not be liable for any finance or other charge and the transaction, including any security interest, shall be void.
(3) If the seller receives any property from the buyer, he shall return such property in substantially as good condition as it was when it was given within twenty days after cancellation of the transaction. If such property is not returned within such time, the buyer may recover the property or the greater of its agreed or fair market value at retail.
Source
Laws 1974, LB 212, § 5.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1606 - Duty of buyer; failure of seller to take possession; performance of service, how treated.

69-1606.
Duty of buyer; failure of seller to take possession; performance of service, how treated.
(1) The buyer shall take reasonable care of any property received pursuant to the home solicitation sale in his possession before cancellation and for a reasonable time after tender, not to exceed twenty days.
(2) Upon the performance of the seller's obligations under section 69-1605, the buyer shall tender such property to the seller except that if the return of such property to the seller is inequitable, the buyer shall tender its reasonable value.
(3) Tender shall be made at the location of the property or at the residence of the buyer at the option of the buyer.
(4) If the seller does not take possession of such property within twenty days after tender by the buyer, ownership of such property shall vest in the buyer without obligation on his part to pay for it.
(5) If a seller performs any services pursuant to a home solicitation sale prior to its cancellation, the seller shall not be entitled to compensation.
Source
Laws 1974, LB 212, § 6.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1607 - Sale made in violation of sections; buyer recovery.

69-1607.
Sale made in violation of sections; buyer recovery.
Any sale made in violation of sections 69-1601 to 69-1607 shall entitle the buyer to recover any sums paid to the seller pursuant to the transaction along with the actual damages, including any incidental and consequential damages, sustained by the buyer by reason of the violation, together with the costs of the suit, including a reasonable attorney's fee.
Source
Laws 1974, LB 212, § 7.
2023 Nebraska Revised Statutes › Chapter 69 - Personal Property › 69-1701 - Outdoor advertising sign; removal by public body; compensation; how determined; exception.

69-1701.
Outdoor advertising sign; removal by public body; compensation; how determined; exception.
(1) Before an outdoor advertising sign, display, or device is removed, taken, or appropriated through the use of zoning or any other power or authority possessed by the state, a state agency, or a political subdivision of the state:
(a) The value of the sign, display, or device shall be determined by the taking entity without the use of any amortization schedule; and
(b) The owners of the sign, display, or device shall be paid the fair and reasonable market value for such removal, taking, or appropriation, which fair and reasonable market value shall be based upon the depreciated reproduction cost of such sign, display, or device using as a guideline the Nebraska Sign Schedule developed and used by the Department of Transportation, except that, when feasible, the taking entity may elect to relocate such sign, display, or device, in which event the owners of the sign, display, or device shall be paid the actual and necessary relocation cost therefor.
(2) Subsection (1) of this section shall not apply to:
(a) Actions taken by the Department of Transportation pursuant to sections 39-212 to 39-226 and 39-1320; and
(b) The removal, taking, or appropriation of a sign, display, or device which (i) is insecurely fixed or inadequately maintained such that the sign, display, or device constitutes a danger to the public health or safety, or (ii) has been abandoned or no longer used by the owners for at least six months.
Source
Laws 1981, LB 241, § 1;
Laws 1995, LB 264, § 35;
Laws 2017, LB339, § 244.